Major recessions :: Britain and the world, 1920-1995 /
"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 recession...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York :
Oxford University Press,
1998.
|
| Schlagworte: | |
| Online-Zugang: | DE-862 DE-863 |
| Zusammenfassung: | "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."--BOOK JACKET. "Three main conclusions are reached major recessions reflect abrupt fallings off in demand, not supply; these are due to identifiable demand shocks and by swings in consumer and business confidence which amplify the direct effects of demand shock; and major recessions are not predictable."--BOOK JACKET. "In the final chapter, Christopher Dow puts forward an insider's view on how to avoid future severe recessions."--Jacket |
| Beschreibung: | 1 online resource (xvii, 471 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and indexes. |
| ISBN: | 9780191521706 0191521701 |
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| 245 | 1 | 0 | |a Major recessions : |b Britain and the world, 1920-1995 / |c Christopher Dow. |
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| 520 | 1 | |a "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."--BOOK JACKET. "Three main conclusions are reached major recessions reflect abrupt fallings off in demand, not supply; these are due to identifiable demand shocks and by swings in consumer and business confidence which amplify the direct effects of demand shock; and major recessions are not predictable."--BOOK JACKET. "In the final chapter, Christopher Dow puts forward an insider's view on how to avoid future severe recessions."--Jacket | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Preface -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 The aims and methods of the study -- 1.2 The plan and character of the book -- PART I: Prior Assumptions and Methodological Preliminaries -- 2 The Facts to be Explained -- 2.1 Conspectus of the whole period, 1920�95 -- 2.2 The measurement of trends and fluctuations -- 2.3 Comparison of the three main phases since 1920 in the UK and other countries -- 2.4 Profits, factor shares, and real wages -- 3 The Causal Structure of the Economy | |
| 505 | 8 | |a 3.1 The main routes of causation in the economy3.2 How growing supply creates growing demand -- 3.3 The explanation of unemployment -- 3.4 Implications for later chapters -- Appendix A3.1 The theoretical debate on the features of the economic system that allow the possibility of unemployment -- Appendix A3.2 The High Real Wage theory of unemployment -- 4 Supply and Demand Influences on the Rate of Growth -- 4.1 Some main facts about rates of growth -- 4.2 Explanations of variations in the rate of growth | |
| 505 | 8 | |a 4.3 Conclusions about rates of growth: supply versus demand factors as determinents of output growthAppendix A4.1 Notes on growth accounting, and two other studies of growth -- Appendix A4.2 Estimates of the growth of six countries' output and exports of manufactures, 1870�1970 -- 5 Shocks and Responses in Major Fluctuations -- 5.1 The economy's response to shocks -- 5.2 Indicators of demand shocks and tests of their ability to explain fluctuations -- 5.3 The causation of fluctuations: a first survey -- Appendix A5 New estimates of fiscal policy impact | |
| 505 | 8 | |a PART II: Case Studies of Five Major Recessions6 The Two Interwar Recessions -- 6.1 Overview of the interwar period -- 6.2 The 1920�1 recession and its aftermath -- 6.3 The Great Depression: the world and the United States, 1929�33 -- 6.4 The world depression and the UK depression -- 6.5 Economic recovery in Britain, 1932�40 -- 6.6 Theoretical conclusions -- Appendix A6.1 A critique of Friedman and Schwartz's A Monetary History of the United States -- Appendix A6.2 The gold standard as a cause of the Great Depression: a critique of Eichengreen's Golden Fetters | |
| 505 | 8 | |a Appendix A6.3 A model of the international transmission of the US DepressionAppendix A6.4 List of statistical sources -- 7 The Long Interval without Major Recession, 1945�73 -- 7.1 Overview of the period -- 7.2 Reasons for faster growth and high demand -- 7.3 Minor fluctuations of the period -- 7.4 Was the Golden Age doomed anyway? -- 7.5 The behaviour of the economy: conclusions from the 1945�73 experience -- 8 The Two OPEC Recessions (1973�5 and 1979�82) -- 8.1 Background issues: political developments and the oil price shocks | |
| 650 | 0 | |a Recessions. |0 http://id.loc.gov/authorities/subjects/sh87001333 | |
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| 650 | 0 | |a Recessions |z Great Britain. | |
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| adam_text | |
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| author | Dow, J. C. R. (J. Christopher R.) |
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| contents | Preface -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 The aims and methods of the study -- 1.2 The plan and character of the book -- PART I: Prior Assumptions and Methodological Preliminaries -- 2 The Facts to be Explained -- 2.1 Conspectus of the whole period, 1920�95 -- 2.2 The measurement of trends and fluctuations -- 2.3 Comparison of the three main phases since 1920 in the UK and other countries -- 2.4 Profits, factor shares, and real wages -- 3 The Causal Structure of the Economy 3.1 The main routes of causation in the economy3.2 How growing supply creates growing demand -- 3.3 The explanation of unemployment -- 3.4 Implications for later chapters -- Appendix A3.1 The theoretical debate on the features of the economic system that allow the possibility of unemployment -- Appendix A3.2 The High Real Wage theory of unemployment -- 4 Supply and Demand Influences on the Rate of Growth -- 4.1 Some main facts about rates of growth -- 4.2 Explanations of variations in the rate of growth 4.3 Conclusions about rates of growth: supply versus demand factors as determinents of output growthAppendix A4.1 Notes on growth accounting, and two other studies of growth -- Appendix A4.2 Estimates of the growth of six countries' output and exports of manufactures, 1870�1970 -- 5 Shocks and Responses in Major Fluctuations -- 5.1 The economy's response to shocks -- 5.2 Indicators of demand shocks and tests of their ability to explain fluctuations -- 5.3 The causation of fluctuations: a first survey -- Appendix A5 New estimates of fiscal policy impact PART II: Case Studies of Five Major Recessions6 The Two Interwar Recessions -- 6.1 Overview of the interwar period -- 6.2 The 1920�1 recession and its aftermath -- 6.3 The Great Depression: the world and the United States, 1929�33 -- 6.4 The world depression and the UK depression -- 6.5 Economic recovery in Britain, 1932�40 -- 6.6 Theoretical conclusions -- Appendix A6.1 A critique of Friedman and Schwartz's A Monetary History of the United States -- Appendix A6.2 The gold standard as a cause of the Great Depression: a critique of Eichengreen's Golden Fetters Appendix A6.3 A model of the international transmission of the US DepressionAppendix A6.4 List of statistical sources -- 7 The Long Interval without Major Recession, 1945�73 -- 7.1 Overview of the period -- 7.2 Reasons for faster growth and high demand -- 7.3 Minor fluctuations of the period -- 7.4 Was the Golden Age doomed anyway? -- 7.5 The behaviour of the economy: conclusions from the 1945�73 experience -- 8 The Two OPEC Recessions (1973�5 and 1979�82) -- 8.1 Background issues: political developments and the oil price shocks |
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| publisher | Oxford University Press, |
| record_format | marc |
| spelling | Dow, J. C. R. (J. Christopher R.) Major recessions : Britain and the world, 1920-1995 / Christopher Dow. New York : Oxford University Press, 1998. 1 online resource (xvii, 471 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier Includes bibliographical references and indexes. "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."--BOOK JACKET. "Three main conclusions are reached major recessions reflect abrupt fallings off in demand, not supply; these are due to identifiable demand shocks and by swings in consumer and business confidence which amplify the direct effects of demand shock; and major recessions are not predictable."--BOOK JACKET. "In the final chapter, Christopher Dow puts forward an insider's view on how to avoid future severe recessions."--Jacket Print version record. Preface -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 The aims and methods of the study -- 1.2 The plan and character of the book -- PART I: Prior Assumptions and Methodological Preliminaries -- 2 The Facts to be Explained -- 2.1 Conspectus of the whole period, 1920â€?95 -- 2.2 The measurement of trends and fluctuations -- 2.3 Comparison of the three main phases since 1920 in the UK and other countries -- 2.4 Profits, factor shares, and real wages -- 3 The Causal Structure of the Economy 3.1 The main routes of causation in the economy3.2 How growing supply creates growing demand -- 3.3 The explanation of unemployment -- 3.4 Implications for later chapters -- Appendix A3.1 The theoretical debate on the features of the economic system that allow the possibility of unemployment -- Appendix A3.2 The High Real Wage theory of unemployment -- 4 Supply and Demand Influences on the Rate of Growth -- 4.1 Some main facts about rates of growth -- 4.2 Explanations of variations in the rate of growth 4.3 Conclusions about rates of growth: supply versus demand factors as determinents of output growthAppendix A4.1 Notes on growth accounting, and two other studies of growth -- Appendix A4.2 Estimates of the growth of six countries' output and exports of manufactures, 1870â€?1970 -- 5 Shocks and Responses in Major Fluctuations -- 5.1 The economy's response to shocks -- 5.2 Indicators of demand shocks and tests of their ability to explain fluctuations -- 5.3 The causation of fluctuations: a first survey -- Appendix A5 New estimates of fiscal policy impact PART II: Case Studies of Five Major Recessions6 The Two Interwar Recessions -- 6.1 Overview of the interwar period -- 6.2 The 1920â€?1 recession and its aftermath -- 6.3 The Great Depression: the world and the United States, 1929â€?33 -- 6.4 The world depression and the UK depression -- 6.5 Economic recovery in Britain, 1932â€?40 -- 6.6 Theoretical conclusions -- Appendix A6.1 A critique of Friedman and Schwartz's A Monetary History of the United States -- Appendix A6.2 The gold standard as a cause of the Great Depression: a critique of Eichengreen's Golden Fetters Appendix A6.3 A model of the international transmission of the US DepressionAppendix A6.4 List of statistical sources -- 7 The Long Interval without Major Recession, 1945â€?73 -- 7.1 Overview of the period -- 7.2 Reasons for faster growth and high demand -- 7.3 Minor fluctuations of the period -- 7.4 Was the Golden Age doomed anyway? -- 7.5 The behaviour of the economy: conclusions from the 1945â€?73 experience -- 8 The Two OPEC Recessions (1973â€?5 and 1979â€?82) -- 8.1 Background issues: political developments and the oil price shocks Recessions. http://id.loc.gov/authorities/subjects/sh87001333 Economic history 20th century. http://id.loc.gov/authorities/subjects/sh85040824 Recessions Great Britain. Récessions. Histoire économique 20e siècle. Récessions Grande-Bretagne. BUSINESS & ECONOMICS Economics Microeconomics. bisacsh Economic history fast Recessions fast Great Britain fast https://id.oclc.org/worldcat/entity/E39PBJdmp7p3cx8hpmJ8HvmTpP Economische achteruitgang. gtt 1900-1999 fast has work: Major recessions (Text) https://id.oclc.org/worldcat/entity/E39PCGjqDvKRx86wdBvFxxmxcP https://id.oclc.org/worldcat/ontology/hasWork Print version: Major recessions. New York : Oxford University Press, 1998 9780198288589 0198288581 (OCoLC)39633944 |
| spellingShingle | Dow, J. C. R. (J. Christopher R.) Major recessions : Britain and the world, 1920-1995 / Preface -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 The aims and methods of the study -- 1.2 The plan and character of the book -- PART I: Prior Assumptions and Methodological Preliminaries -- 2 The Facts to be Explained -- 2.1 Conspectus of the whole period, 1920â€?95 -- 2.2 The measurement of trends and fluctuations -- 2.3 Comparison of the three main phases since 1920 in the UK and other countries -- 2.4 Profits, factor shares, and real wages -- 3 The Causal Structure of the Economy 3.1 The main routes of causation in the economy3.2 How growing supply creates growing demand -- 3.3 The explanation of unemployment -- 3.4 Implications for later chapters -- Appendix A3.1 The theoretical debate on the features of the economic system that allow the possibility of unemployment -- Appendix A3.2 The High Real Wage theory of unemployment -- 4 Supply and Demand Influences on the Rate of Growth -- 4.1 Some main facts about rates of growth -- 4.2 Explanations of variations in the rate of growth 4.3 Conclusions about rates of growth: supply versus demand factors as determinents of output growthAppendix A4.1 Notes on growth accounting, and two other studies of growth -- Appendix A4.2 Estimates of the growth of six countries' output and exports of manufactures, 1870â€?1970 -- 5 Shocks and Responses in Major Fluctuations -- 5.1 The economy's response to shocks -- 5.2 Indicators of demand shocks and tests of their ability to explain fluctuations -- 5.3 The causation of fluctuations: a first survey -- Appendix A5 New estimates of fiscal policy impact PART II: Case Studies of Five Major Recessions6 The Two Interwar Recessions -- 6.1 Overview of the interwar period -- 6.2 The 1920â€?1 recession and its aftermath -- 6.3 The Great Depression: the world and the United States, 1929â€?33 -- 6.4 The world depression and the UK depression -- 6.5 Economic recovery in Britain, 1932â€?40 -- 6.6 Theoretical conclusions -- Appendix A6.1 A critique of Friedman and Schwartz's A Monetary History of the United States -- Appendix A6.2 The gold standard as a cause of the Great Depression: a critique of Eichengreen's Golden Fetters Appendix A6.3 A model of the international transmission of the US DepressionAppendix A6.4 List of statistical sources -- 7 The Long Interval without Major Recession, 1945â€?73 -- 7.1 Overview of the period -- 7.2 Reasons for faster growth and high demand -- 7.3 Minor fluctuations of the period -- 7.4 Was the Golden Age doomed anyway? -- 7.5 The behaviour of the economy: conclusions from the 1945â€?73 experience -- 8 The Two OPEC Recessions (1973â€?5 and 1979â€?82) -- 8.1 Background issues: political developments and the oil price shocks Recessions. http://id.loc.gov/authorities/subjects/sh87001333 Economic history 20th century. http://id.loc.gov/authorities/subjects/sh85040824 Recessions Great Britain. Récessions. Histoire économique 20e siècle. Récessions Grande-Bretagne. BUSINESS & ECONOMICS Economics Microeconomics. bisacsh Economic history fast Recessions fast Economische achteruitgang. gtt |
| subject_GND | http://id.loc.gov/authorities/subjects/sh87001333 http://id.loc.gov/authorities/subjects/sh85040824 |
| title | Major recessions : Britain and the world, 1920-1995 / |
| title_auth | Major recessions : Britain and the world, 1920-1995 / |
| title_exact_search | Major recessions : Britain and the world, 1920-1995 / |
| title_full | Major recessions : Britain and the world, 1920-1995 / Christopher Dow. |
| title_fullStr | Major recessions : Britain and the world, 1920-1995 / Christopher Dow. |
| title_full_unstemmed | Major recessions : Britain and the world, 1920-1995 / Christopher Dow. |
| title_short | Major recessions : |
| title_sort | major recessions britain and the world 1920 1995 |
| title_sub | Britain and the world, 1920-1995 / |
| topic | Recessions. http://id.loc.gov/authorities/subjects/sh87001333 Economic history 20th century. http://id.loc.gov/authorities/subjects/sh85040824 Recessions Great Britain. Récessions. Histoire économique 20e siècle. Récessions Grande-Bretagne. BUSINESS & ECONOMICS Economics Microeconomics. bisacsh Economic history fast Recessions fast Economische achteruitgang. gtt |
| topic_facet | Recessions. Economic history 20th century. Recessions Great Britain. Récessions. Histoire économique 20e siècle. Récessions Grande-Bretagne. BUSINESS & ECONOMICS Economics Microeconomics. Economic history Recessions Great Britain Economische achteruitgang. |
| work_keys_str_mv | AT dowjcr majorrecessionsbritainandtheworld19201995 |