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Britain and the economic problem of the Cold War : the political economy and the economic impact of the British defence effort, 1945-1955

Author: Till Geiger
Publisher: London : Routledge, 2017.
Series: Modern economic and social history series.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"Many accounts of British development since 1945 have attempted to discover why Britain experienced slower rates of economic growth than other Western European countries. In many cases, the explanation for this phenomenon has been attributed to the high level of defence spending that successive British post-war governments adhered to. Yet is it fair to assume that Britain's relative economic decline could have been  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Till Geiger
ISBN: 9781351954761 1351954768 9781315261348 1315261340
OCLC Number: 993648469
Notes: Originally published 2004 by Ashgate Publishing.
Description: 1 online resource (xiii, 357 pages) : illustrations
Contents: Chapter Introduction: Britain and the economic problem of the cold war: Themes and questions --
part Part I: The political economy of British defence expenditure --
chapter 1 Securing the People's Peace: Reflections on the anachronistic nature of the British warfare state in the early cold war, 1945-55 --
chapter 2 An antagonistic partnership: Britain and American economic assistance, 1945-50 --
chapter 3 'Tied to the tail of a Kilkenny cat'?: The Anglo-American relationship, British rearmament and the political crisis of 1951 --
part Part II: British defence production policy --
chapter 4 'The next war is bound to come': Defence production policy, supply departments and defence contractors in Britain, 1945-57 --
chapter 5 The wasting of high technological potential?: The British warfare state, the aircraft industry and technological nationalism, 1950-58 --
chapter 6 Maintaining the war potential: Rearmament and productivity in the British ammunition industry in the 1950s --
part Part III: The economic impact of British defence expenditure --
chapter 7 The British defence effort and investment during the transition from war to peace, 1945-55 --
chapter 8 Britain and the economic impact of the Korean war --
chapter 9 Too much defence, too little peace production?: The British capital-goods industry, regional development and the Korean war rearmament.
Series Title: Modern economic and social history series.
Responsibility: Till Geiger.

Abstract:

"Many accounts of British development since 1945 have attempted to discover why Britain experienced slower rates of economic growth than other Western European countries. In many cases, the explanation for this phenomenon has been attributed to the high level of defence spending that successive British post-war governments adhered to. Yet is it fair to assume that Britain's relative economic decline could have been prevented if policy makers had not spent so much on defence? Examining aspects of the political economy and economic impact of British defence expenditure in the period of the first cold war (1945-1955), this book challenges these widespread assumptions, looking in detail at the link between defence spending and economic decline. In contrast to earlier studies, Till Geiger not only analyses the British effort within the framework of Anglo-American relations, but also places it within the wider context of European integration. By reconsidering the previously accepted explanation of the economic impact of the British defence effort during the immediate post-war period, this book convincingly suggests that British foreign policy-makers retained a large defence budget to offset a sense of increased national vulnerability, brought about by a reduction in Britain's economic strength due to her war effort. Furthermore, it is shown that although this level of military spending may have slightly hampered post-war recovery, it was not in itself responsible for the decline of the British economy."--Provided by publisher.

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'Overall this book makes an important contribution to the subject of the political economy of British defense spending in the decade after the Second World War... The author provides us with a Read more...

 
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In many cases, the explanation for this phenomenon has been attributed to the high level of defence spending that successive British post-war governments adhered to. Yet is it fair to assume that Britain\'s relative economic decline could have been prevented if policy makers had not spent so much on defence? Examining aspects of the political economy and economic impact of British defence expenditure in the period of the first cold war (1945-1955), this book challenges these widespread assumptions, looking in detail at the link between defence spending and economic decline. In contrast to earlier studies, Till Geiger not only analyses the British effort within the framework of Anglo-American relations, but also places it within the wider context of European integration. By reconsidering the previously accepted explanation of the economic impact of the British defence effort during the immediate post-war period, this book convincingly suggests that British foreign policy-makers retained a large defence budget to offset a sense of increased national vulnerability, brought about by a reduction in Britain\'s economic strength due to her war effort. 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