Britain's industrial performance since 1960: underinvestment and relative decline

Article Abstract:

The industrial performance of the UK has been inferior since 1960 and has become a major problem for the whole UK economy. It is further argued that deindustrialization and the problem of economic decline were not resolved during the 1980s. Underinvestment in the manufacturing sector is the main reason for the underperformance of the UK industry.

Author: Kitson, Michael, Michie, Jonathan
Publisher: Blackwell Publishers Ltd.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1996
MISCELLANEOUS MANUFACTURING INDUSTRIES, Manufacturing NEC, All Other Miscellaneous Manufacturing, Manufacturing industry, Manufacturing industries, Evaluation

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

Explaining Britain's economic performance: a critical note

Article Abstract:

The UK's poor economic performance since the 1960s is placed in a historical and institutional perspective. British institutions were not able to adjust to the economic opportunities during the post-war period. It is argued that the economic reforms of the Thatcher administration had Americanized UK's financial markets and industrial relations.

Author: Eichengreen, Barry
Publisher: Blackwell Publishers Ltd.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1996
Economic policy, Thatcher, Margaret

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United Kingdom, Analysis, Economic aspects, Industrial development, Industrialization
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.