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Major Recessions

Major Recessions PDF Author: J. Christopher R. Dow
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 471

Book Description
In the twentieth century, there have been five major recessions: two in the interwar period, and three more starting in 1973, 1979, and 1989. This book focuses on events in the UK, but sets them in their international context and makes frequent comparisons with other countries. Major recessions happened at a similar time in all major countries, and the lessons are general. Three main conclusions are reached: (1) major recessions reflect abrupt failings off in demand, not supply; (2) these are due to identifiable demand shocks and to swings in consumer and business confidence that amplify the direct effects of demand shock; (3) major recessions are not predictable. After an introductory chapter, the book is arranged in three main parts: Prior assumptions and methodological preliminaries (five chapters) -- the theoretical questions that arise in the course of attempts to interpret history, but are too complicated to consider during the course of the historical narrative itself; (historical) Case studies of five major recessions (four chapters); and Conclusions (three chapters -- the first two provide a summary of the book). In the final chapter, the author provides an insider's view on how to avoid future severe recessions: action must be taken to control booms, which if uncontrolled will lead to a period of bust, and once a major recession has begun, fiscal and monetary policy must be adjusted to mitigate the downturn. Often unpopular with economists, this is the line that many governments and central banks take: the book may help them to have more success. -- From http://www.oxfordscholarship.com/view/10.1093/0199241236.001.0001/acprof-9780199241231 (Oct. 23, 2012).

Major Recessions

Major Recessions PDF Author: J. Christopher R. Dow
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 471

Book Description
In the twentieth century, there have been five major recessions: two in the interwar period, and three more starting in 1973, 1979, and 1989. This book focuses on events in the UK, but sets them in their international context and makes frequent comparisons with other countries. Major recessions happened at a similar time in all major countries, and the lessons are general. Three main conclusions are reached: (1) major recessions reflect abrupt failings off in demand, not supply; (2) these are due to identifiable demand shocks and to swings in consumer and business confidence that amplify the direct effects of demand shock; (3) major recessions are not predictable. After an introductory chapter, the book is arranged in three main parts: Prior assumptions and methodological preliminaries (five chapters) -- the theoretical questions that arise in the course of attempts to interpret history, but are too complicated to consider during the course of the historical narrative itself; (historical) Case studies of five major recessions (four chapters); and Conclusions (three chapters -- the first two provide a summary of the book). In the final chapter, the author provides an insider's view on how to avoid future severe recessions: action must be taken to control booms, which if uncontrolled will lead to a period of bust, and once a major recession has begun, fiscal and monetary policy must be adjusted to mitigate the downturn. Often unpopular with economists, this is the line that many governments and central banks take: the book may help them to have more success. -- From http://www.oxfordscholarship.com/view/10.1093/0199241236.001.0001/acprof-9780199241231 (Oct. 23, 2012).

Major Recessions

Major Recessions PDF Author: J. Christopher R. Dow
Publisher: Oxford University Press, USA
ISBN: 9780199241231
Category : Business & Economics
Languages : en
Pages : 500

Book Description
In the twentieth century there have been five major recessions: two in the interwar period, and three more starting 1973, 1979, and 1989. This book focuses on events in the UK, but sets them in their international context, and makes frequent comparisons with other countries.

Major Recessions

Major Recessions PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


The Recession and Beyond

The Recession and Beyond PDF Author: David Bailey
Publisher: Routledge
ISBN: 1136664718
Category : Business & Economics
Languages : en
Pages : 373

Book Description
How has the recession impacted on firms, people and places? How have local and regional authorities responded? This book aims to answer these questions by offering an overview of the impacts of the recession on people and places and how it has affected local authorities in the UK and other OECD countries. Being ‘close to the ground’, local authorities are usually at the forefront of dealing with the impacts of recession on people and places. During recessions, they face important challenges: on the one hand they have to cope with increasing demand for services and on the other hand they may face a decrease in their income due to the slowdown in the economy. And with the shift from local government to local governance in the last 10 years, they also have an increasing role in terms of coordinating various organisations in the delivery of local services. This book begins by looking at the potential impacts of downturns and economic shocks on firms, workers, communities and places, both in the short and long term (Part I). Part II then looks at interventions and responses that local authorities can put in place on their own or in partnership with other local, regional and/or national actors to try to deal with these differential impacts. Building on these insights, part III offers international perspectives, outlining the role of local authorities during the recession in France, Canada and Australia. These examples and cases highlight some key variations in the availability of resources at the local level across countries and shed light on the way particular economic situations and governance contexts influence local authorities’ responses. This section also includes work by the OECD LEED Programme which surveys cities worldwide and which looks at the application of the ‘Barcelona Principles’. Overall, the volume makes a fresh contribution to understanding local economic development and governance by providing a unique perspective and original data on the way local authorities have dealt with the recent economic shock across countries. Looking ahead, the book also raises some important issues in relation to local and regional governance and policies to foster long term, sustainable economic recovery. This edited volume will be accessible to and suitable for students and researchers studying economic change, the recession, planning, public policy and industrial policy interventions, and political science.

1999 Lectures and Memoirs

1999 Lectures and Memoirs PDF Author: British Academy
Publisher: British Academy
ISBN: 9780197262306
Category : Business & Economics
Languages : en
Pages : 590

Book Description
Volume 105 of the Proceedings of the British Academy contains 11 British Academy lectures and 15 obituaries of Fellows of the British Academy.

The Cambridge Economic History of Modern Britain

The Cambridge Economic History of Modern Britain PDF Author: Roderick Floud
Publisher: Cambridge University Press
ISBN: 1107038464
Category : Business & Economics
Languages : en
Pages : 607

Book Description
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present PDF Author: Roderick Floud
Publisher: Cambridge University Press
ISBN: 1316061167
Category : Business & Economics
Languages : en
Pages : 607

Book Description
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.

Managing the Economy, Managing the People

Managing the Economy, Managing the People PDF Author: Jim Tomlinson
Publisher: Oxford University Press
ISBN: 0198786093
Category : Business & Economics
Languages : en
Pages : 289

Book Description
This is a distinctive new account of British economic life since the Second World War, showing how successive governments have managed the British people by managing the narrative on economic matters, from the post-war notion of austerity to the recent 'debts and deficits' of post-financial crash Britain

A Companion to Early Twentieth-Century Britain

A Companion to Early Twentieth-Century Britain PDF Author: Chris Wrigley
Publisher: John Wiley & Sons
ISBN: 0470998814
Category : History
Languages : en
Pages : 608

Book Description
This Companion brings together 32 new essays by leading historians to provide a reassessment of British history in the early twentieth century. The contributors present lucid introductions to the literature and debates on major aspects of the political, social and economic history of Britain between 1900 and 1939. Examines controversial issues over the social impact of the First World War, especially on women Provides substantial coverage of changes in Wales, Scotland and Ireland as well as in England Includes a substantial bibliography, which will be a valuable guide to secondary sources

Economics

Economics PDF Author: Ha-Joon Chang
Publisher: Bloomsbury Publishing USA
ISBN: 1620408120
Category : Business & Economics
Languages : en
Pages : 385

Book Description
The award-winning author of 23 Things They Don't Tell You About Capitalism outlines the real-world processes of the global economy while explaining how to better understand the strengths and weaknesses of key economics theories to better navigate today's interconnected world.