The book explores the causes of the decrease in industrial production and employment during the early 1980s and considers the longer-term cyclical problems of the British economy. In doing so, it provides a detailed study on downturn and recovery from a variety of perspectives. Topics covered include the role of the financial markets; the decline in profitability and productivity in the manufacturing industry; and, the social implications of long-term trends.

Prospects for Recovery in the British Economy is ideal for those with an interest in the history of the British economy and the history of economic thought.

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F. V. Meyer

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