Britain and the Economic Problem of the Cold War: The by Till Geiger PDF

By Till Geiger

ISBN-10: 0754602877

ISBN-13: 9780754602873

ISBN-10: 1138263419

ISBN-13: 9781138263413

Many bills of British improvement considering that 1945 have tried to find why Britain skilled slower charges of financial development than different Western ecu nations. in lots of situations, the reason for this phenomenon has been attributed to the excessive point of defence spending that successive British post-war governments adhered to. but is it reasonable to imagine that Britain's relative monetary decline might have been avoided if coverage makers had now not spent loads on defence? interpreting facets of the political economic system and monetary impression of British defence expenditure within the interval of the 1st chilly conflict (1945-1955), this e-book demanding situations those common assumptions, taking a look intimately on the hyperlink among defence spending and monetary decline. unlike prior reports, until Geiger not just analyses the British attempt in the framework of Anglo-American kinfolk, but additionally areas it in the wider context of ecu integration. by way of reconsidering the formerly approved clarification of the industrial impression of the British defence attempt in the course of the fast post-war interval, this publication convincingly means that British overseas policy-makers retained a wide defence funds to offset a feeling of elevated nationwide vulnerability, led to through a discount in Britain's fiscal power as a result of her struggle attempt. moreover, it truly is proven that even if this point of army spending can have just a little hampered post-war restoration, it used to be now not in itself chargeable for the decline of the British economy.

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Britain and the Economic Problem of the Cold War: The Political Economy and the Economic Impact of the British Defence Effort, 1945-1955 (Modern Economic and Social History) by Till Geiger


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