Since 2014
The anatomy of a crisis: investment and output in Britain 1958-62
PSL Quarterly Review
View Archive Info| Field | Value | |
| Title |
The anatomy of a crisis: investment and output in Britain 1958-62
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| Creator |
WILLIAMS, D.
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| Subject |
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Trend, trade cycle, economic growth, investment, Britain, consumption E20, E32, F32, F44, O40 |
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| Description |
Although the determination of the trend, not the cycle, of economic growth is now the fashion, a conjunction of economic phenomena which resemble a distinguishable part of a trade cycle has recently been witnessed. The present article is concerned with the period 1959-61, and the changing patterns in investment and growth which may have important implications for the future trend of economic growth in Britain. It is argued that a high investment economy in a free enterprise society tends to be more unstable than a high consumption economy. If the 1959-61 boom marks Britain’s re-emergence as a high investment economy it will become a more volatile one. The chief problem considered is whether or not England is entering the first downswing of the post-war trade cycle as a result of these changes in investment and consumption.
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| Publisher |
Economia civile
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| Contributor |
—
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| Date |
2014-02-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11657
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| Source |
PSL Quarterly Review; Vol 16, No 64 (1963)
PSL Quarterly Review; Vol 16, No 64 (1963) 2037-3643 ISSN 2037-3635 |
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| Language |
eng
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| Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11657/11514
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| Rights |
Copyright (c) 2016 D. WILLIAMS
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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