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Major recessions : Britain and the world, 1920-1995

Author: J C R Dow
Publisher: New York : Oxford University Press, 1998.
Edition/Format:   Book : EnglishView all editions and formats
Summary:
"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  Read more...
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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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