ABSTRACT

The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective.
Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include:
* trade theory and policy
* industrial decline and policy
* markets, competition and innovation
* globalisation, unemployment and government policy.
The book provides a valuable guide to the major economic policy issues for both economists and business students.

part I|57 pages

Globalisation

chapter 4|23 pages

Trade and growth

A historical perspective

part II|55 pages

History versus equilibrium

chapter 5|19 pages

Recession and economic revival in Britain

The role of policy in the 1930s and 1980s

chapter 6|19 pages

The tale of two recessions

1929 and the Gold Standard, 1992 and the ERM

chapter 7|15 pages

Britain's industrial performance since 1960

Underinvestment and relative decline

part III|32 pages

Public policy and corporate governance