Synopses & Reviews
Characterized by mass unemployment, protectionism, diverse exchange rate regimes, the disintegration of the world trade, and poor long-term growth prospects, the interwar period was, by any standards, a remarkable one. This textbook provides a survey of the key macroeconomic questions that arose from the experience of the British economy from 1919 to 1939. A comparative approach is adopted throughout, placing the UK experience in the context of the world economy. The book continually applies economic theory to historical examples.
Synopsis
Surveys the key macroeconomic questions that arise from the British economy 1919 to 1939.
Synopsis
The interwar period was characterised by remarkable economic circumstances. This book surveys the key macroeconomic questions that arise from the British economy 1919 to 1939. The UK experience is seen in the context of the world economy. The book continually applies economic theory to historical examples.
Table of Contents
Preface; 1. Epochs in economic history, 1919 39; 2. The exchange rate regime and UK economic performance during the 1920s; 3. Unemployment 1919 38; 4. Economic fluctuations 1919 38; 5. Exchange rate regimes and economic recovery in the 1930s; 6. Protection and economic revival in the 1930s; 7. Policy lessons of the interwar period; Glossary; Bibliography; Index.