Britain's industrial performance since 1960: underinvestment and relative decline
Article Abstract:
The industrial performance of the UK has been inferior since 1960 and has become a major problem for the whole UK economy. It is further argued that deindustrialization and the problem of economic decline were not resolved during the 1980s. Underinvestment in the manufacturing sector is the main reason for the underperformance of the UK industry.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1996
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Explaining Britain's economic performance: a critical note
Article Abstract:
The UK's poor economic performance since the 1960s is placed in a historical and institutional perspective. British institutions were not able to adjust to the economic opportunities during the post-war period. It is argued that the economic reforms of the Thatcher administration had Americanized UK's financial markets and industrial relations.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1996
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