The Decline of the British Economy: An Institutional Perspective
ISBN-13:
9780198284949
ISBN-10:
0198284942
Edition:
First Edition
Author:
William Lazonick, Bernard Elbaum
Publication date:
1986
Publisher:
Oxford University Press
Format:
Hardcover
310 pages
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Book details
ISBN-13:
9780198284949
ISBN-10:
0198284942
Edition:
First Edition
Author:
William Lazonick, Bernard Elbaum
Publication date:
1986
Publisher:
Oxford University Press
Format:
Hardcover
310 pages
Summary
The Decline of the British Economy: An Institutional Perspective (ISBN-13: 9780198284949 and ISBN-10: 0198284942), written by authors
William Lazonick, Bernard Elbaum, was published by Oxford University Press in 1986.
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Description
This book examines the decline of the British economy in terms of the structural rigidity of its economic institutions and the historic changes in the international economy. It argues that British institutions, in a 19th-century world economy characterized by competitive capitalism, were conducive to economic development, but that these same institutions posed a formidable obstacle to economic development in a 20th-century context of corporate capitalism. Specific issues covered include: the pre- and post-World War I steel industries, the shipbuilding and automotive industries, education, research and development, finance and industry, regional development, and the role of the state.
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