The debate over 'Britain in Decline' is one that still rages in the academic, political and public spheres. In this concise study, B. W. E. Alford takes issue with those economists who have a mechanistic approach to the subject. Instead, he examines Britain's economic development since the Second World War within a wider framework of political, social and cultural factors. He discusses topics such as post-war reconstruction, the theory of 'too few producers', the alleged process of de-industrialisation, the role of sterling, business organisation and management, labour relations and the impact of government policy on Britain's economic development. Professor Alford provides a clear introduction to the subject along with a survey of recent literature, yet shows how complex and deep-rooted are the causes of the 'British Disease'.

This work represents a documentary sourcebook on British economic development during the postwar years. The author provides a balanced overview of contentious themes relating to the context, dimensions, pace and consequences of Britain's relative economic decline since 1945.

History study of economic policies, economic conditions and economic growth trends in the UK, 1945-51 - reviews economic doctrine, post-war economic reconstruction, the economic implications and political aspects of defence public expenditure, 1947 convertibility crisis, international borrowing, exchange rate policy, balance of payments problems, and economic relations with Western Europe; examines resource allocation, economic planning, monetary policies, investment policies, trade policies, labour policy, nationalization, etc.

A survey of British post-war economic history, emphasizing institutional developments and the presentation of quantitative evidence.