Exchange Rate Alignments [electronic resource] /
Mills, J.author.
This book calls for a radical reappraisal of economic policy in the UK. It argues that a much lower exchange rate is needed to re-establish sufficient manufacturing capacity to enable Britain to pay its way in the world. Mills makes the case for the removal of balance of payments constraints to achieve growth and avoid endless austerity.
Description based upon print version of record.
""Cover""; ""Half-Title""; ""Title""; ""Copyright""; ""Contents""; ""List of Illustrations                            ""; ""Preface              ""; ""Acknowledgements                       ""; ""1 Economic Growth                        ""; ""Competitiveness                      ""; ""Facing international competition                                       ""; ""Investment and productivity                                  ""; ""Returns on investment                            ""; ""2 The Exchange Rate                          ""; ""Changing the exchange rate                                 ""
""Preferences for strong currencies                                        """"Protectionism vs globalisation                                     ""; ""The costs of overvaluation                                 ""; ""3 Inflation                  ""; ""Devaluation and the price level                                      ""; ""Leading sector inflation                               ""; ""Shocks to the system                           ""; ""Excess demand                    ""; ""Labour costs                   ""; ""4 Unemployment                     ""
""Comparative experience                             """"Misguided solutions                          ""; ""Productivity and competitiveness                                       ""; ""5 Sustainability                       ""; ""Population growth                        ""; ""Resources                ""; ""Climate change                     ""; ""Migration                ""; ""6 The Industrial Revolution                                  ""; ""Pre-industrial history                             ""; ""Early industrialisation in Europe                                        ""
""Nineteenth-Century Europe                                """"The US economy to World War I                                    ""; ""Lessons from the gold standard era                                         ""; ""7 International Turmoil: 1914â€?45                                       ""; ""Europeâ€?s disastrous years                                ""; ""Boom and slump in the USA                                ""; ""Keynes and demand management                                   ""; ""8 Post-World War II                          ""
""European recovery and the Common Market                                              """"US experience post-World War II                                      ""; ""Mixed fortunes in Japan                              ""; ""The USSR and the command economies                                         ""; ""The Third World                      ""; ""9 The Monetarist Era                           ""; ""Monetarist theory and practice                                     ""; ""Slow growth in Europe                            ""; ""Monetarist policies in the USA                                     ""
""The tiger economies                          ""
Includes bibliographical references and index.
This book calls for a radical reappraisal of economic policy in the UK. It argues that a much lower exchange rate is needed to re-establish sufficient manufacturing capacity to enable Britain to pay its way in the world. Mills makes the case for the removal of balance of payments constraints to achieve growth and avoid endless austerity.
Economic policy.
Economic theory.
Economic growth.
Political economy.
Economics.
Finance.
Economic Policy.
Economic Theory/Quantitative Economics/Mathematical Methods.
Economic Growth.
International Political Economy.
Political Economy/Economic Systems.
Finance, general.