Originally published in 1982, this book examines the problem and looks at the causes of the repeated crises which the country has undergone since the war. The basic cause is stated to be the failure to invest in the modernisation of the British capital equipment and the consequent loss of competitive power. This failure, in turn, is seen to be the result of Government policies which, for the sake of a variety of short-term aims, sacrificed the future by deliberately inhibiting investment.

Originally published in 1982. This book examines the problem and looks at the causes of the repeated crises which the country has undergone since the war. The basic cause is stated to be the failure to invest in the modernisation of the British capital equipment and the consequent loss of competitive power; and this failure, in turn, is seen to be the result of Government policies which, for the sake of a variety of short-term aims, sacrificed the future by deliberately inhibiting investment.

This book was first published in 1981.

An up to date short study which examines the key debates on British economic performance since 1914. Rex Pope considers the indicators and measures involved in assessing economic performance and then looks at issues affecting the economy such as the role of government, British entrepreneurship, the state of world markets, the effect of the two world wars and the importance of cultural attitudes towards industry.

The theme of British economic decline is inescapable in contemporary debates about Britain's economic performance and sense of national identity. Understanding Decline is a serious contribution to an important argument, approached in a way that is accessible not only to the specialist academic market but to students of economics, history and politics. Barry Supple, to whom the volume is dedicated, when Professor of Economic History at Cambridge was concerned with various aspects of this historical problem. Indeed, his 1993 Presidential Address to the Economic History Society, 'Fear of failing', already a classic, is reprinted here as a highly effective keynote essay. Other essays pick up this theme in diverse but essentially unified ways, seeking to assess British economic performance in different ways over the past two centuries. They include case-studies through which the reality of decline can be explored, while differing perceptions of decline are examined in a number of essays dealing with ideas and policy issues.