Ideas and Economic Crises in Britain from Attlee to Blair (1945-2005)
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A01=Matthias Matthijs
Author_Matthias Matthijs
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Britain's Political Economy
Britain's Relative Decline
Britain's Relative Economic Decline
britains
Britain’s Political Economy
Britain’s Relative Decline
Britain’s Relative Economic Decline
British welfare state
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Category=JPP
Category=KCP
Category=KCZ
Category=NHD
clement
Colin Hay
Country's Grand Strategy
Country's Institutional Framework
Country’s Grand Strategy
Country’s Institutional Framework
crisis
Crisis Narration
Current Account Balance
Current Institutional Setup
decline
Economic Policymaking
economic policymaking transformation Britain
edward
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eq_business-finance-law
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Europe's Global Role
Europe’s Global Role
Federal Reserve
heath
Historical Institutionalist School
IMF Loan
institutional change
narration
neoliberal reforms UK
OPEC Oil Shock
path dependence analysis
political economy theory
Postwar Consensus
postwar economic policy
Programmatic Beliefs
Punctuated Evolution
relative
SDP
SDP Liberal Alliance
Selsdon Park
Thatcherite Settlement
UK's Level
UK’s Level
West Germany
william
Young Men
Product details
- ISBN 9780415533430
- Weight: 500g
- Dimensions: 156 x 234mm
- Publication Date: 15 Feb 2012
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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During the period from 1945 to 2005, Britain underwent two deep-seated institutional transformations when political elites successfully challenged the prevailing wisdom on how to govern the economy. Attlee and Thatcher were able to effectively implement most of their political platforms. During this period there were also two opportunities to challenge existing institutional arrangements. Heath's 'U-turn' in 1972 signalled his failure to implement the radical agenda promised upon election in 1970, whilst Tony Blair’s New Labour similarly failed to instigate a major break with the 'Thatcherite' settlement. Rather than simply retell the story of British economic policymaking since World War II, this book offers a theoretically informed version of events, which draws upon the literatures on institutional path dependence, economic constructivism and political economy to explain this puzzle. It will be of great interest to both researchers and postgraduates with an interest in British economic history and the fields of political economy and economic crisis more widely.
Matthias Matthijs is Assistant Professor of International Political Economy at American University’s School of International Service and Professorial Lecturer of International Economics and International Relations at Johns Hopkins University’s School of Advanced International Studies, Washington, DC
