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Details
| Material Type: | Internet resource |
|---|---|
| Document Type: | Book, Internet Resource |
| All Authors / Contributors: |
J C R Dow |
| ISBN: | 0198288581 9780198288589 0199241236 9780199241231 |
| OCLC Number: | 39633944 |
| Description: | xvii, 471 p. : ill. ; 24 cm. |
| Responsibility: | Christopher Dow. |
| More information: |
Abstract:
"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."--BOOK JACKET.
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