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Begin New Search Political Geography Britain Publication Year within 25 Years

201. Competition and Innovation in 1950's Britain

Author:
Stephen Broadberry and Nicholas Crafts
Publication Date:
10-2000
Content Type:
Working Paper
Abstract:
We find little support for the Schumpeterian hypothesis of a positive relationship between market power and innovation in 1950's Britain even though many economists and policymakers accepted it at the time. Price-fixing agreements were very widespread prior to the 1956 Restrictive Practices Act and they seem to have had adverse effects on costs and productivity. Competition policy appears to have been much too lenient but the productivity problems of British industry at this time are best viewed as arising largely from the difficulties of reaping the benefits of innovation rather than from a failure to innovate per se.
Topic:
Economics, Industrial Policy, and International Trade and Finance
Political Geography:
Britain and United Kingdom

202. From Economic Convergence to Convergence in Affluence? Income Growth, Household Expenditure and the Rise of Mass Consumption in Britain and West Germany, 1950-1974

Author:
Peter Kramper
Publication Date:
10-2000
Content Type:
Working Paper
Abstract:
The “Golden Age” of post-war European economic growth has witnessed extraordinary changes not only in the economic, but also in the social and cultural outlook of Western European societies. Eric Hobsbawm's statement that “[h]istorians of the twentieth century in the third millennium will probably see the century's major impact on history as the one made by and in this astonishing period” is perhaps a little bit too enthusiastic; but it shows that the “Great Boom” has come to be regarded as a key period on the road to the present-day Western world. It has transformed the countries of the West and has at the same time made them more similar to each other. No matter what European societies were in 1950 by 1973, they were all, in Galbraith's famous.
Topic:
Economics, International Trade and Finance, and Regional Cooperation
Political Geography:
Britain and Europe

203. Creating Stability: National Preferences and the Origins of European Monetary System

Author:
Mark Aspinwall
Publication Date:
12-2000
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
This essay compares the preferences of France, Italy, and Britain on the creation of the European Monetary System in 1978-1979, especially the Exchange Rate Mechanism, which stabilised nominal exchange rates. My claim is that the different conclusions reached by the governments (France and Italy in, Britain out) cannot be explained by economic circumstances or by interests, and I elaborate an intervening institutional variable which helps explain preferences. Deducing from spatial theory that where decisionmakers 'sit' on the left-right spectrum matters to their position on the EMS, I argue that domestic constitutional power-sharing mechanisms privilege certain actors over others in a predictable and consistent way. Where centrists were in power, the government's decision was to join. Where left or right extremists were privileged, the government's decision was negative. The article measures the centrism of the governments in place at the time, and also reviews the positions taken by the national political parties in and out of government. It is intended to contribute to the growing comparativist literature on the European Union, and to the burgeoning literature on EU-member-state relations.
Topic:
Economics, Government, and International Cooperation
Political Geography:
Britain, Iraq, Europe, and France