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Solomos Solomou presents a clear and systematic examination of the evidence for long-term patterns of economic growth. Using data on Britain, France, Germany, the USA and the world economy between 1850 and 1973 he refutes the existence of long (Kondratieff) waves in the course of economic development. Instead he presents persuasive evidence for a growth pattern characterised by shock-induced, long-term variations in growth at the level of the world economy. The findings show that national patterns of growth did not necessarily coincide with those of the world economy, but followed episodic long swing fluctuations of twenty to thirty years before the Second World War and trend-accelerated growth in the post-war period. The author provides new historical perspectives on the pre-1913 era, the inter-war years and the post-war boom.

Long waves (Economics) --- Cycles longs (Economie politique) --- economische conjunctuur --- -Long waves (Economics) --- -Kondratieff cycles (Economics) --- Economic growth --- World history --- anno 1800-1999 --- Economic development --- economische groei --- geschiedkundige beschrijvingen --- 331.04 --- 331.100 --- 331.101 --- AA / International- internationaal --- Kondratieff cycles (Economics) --- Business cycles --- Economics --- Econometric models --- Langdurige bewegingen --- Economische geschiedenis: algemeenheden --- Geschiedenis van de economische cyclussen --- Econometric models. --- Economic history --- Développement économique --- Histoire économique --- Modèles économétriques --- Business, Economy and Management --- Long waves (Economics) - Econometric models --- Economic development - Econometric models --- HISTOIRE ECONOMIQUE --- CYCLES ECONOMIQUES --- 19E-20E SIECLES

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The impact of protectionism is currently a contentious policy issue. This book evaluates the effects of protectionism on the British interwar economy. In contrast to most studies of the period and the conclusions of orthodox economic theory, Kitson and Solomou show that the introduction of the General Tariff in 1932 provided a substantial stimulus to the domestic economy - a stimulus which can help to explain the trend improvement in British economic growth in the 1930s. The authors show that the tariff made encouraging import substitution and macroeconomic expansion. The empirical evidence is examined at two levels. First, a sectoral study shows that the newly protected sector of the 1930s saw an improvement in performance following the introduction of the tariff. Secondly, the large fall in manufacturing imports generated favourable effects on macroeconomic performance by helping to reduce the import propensity of the economy. The policy implication of this study is that trade policies should be constructed in the context of prevailing economic conditions and not solely with reference to sometimes inappropriate theoretical perspectives.

Foreign trade policy --- Great Britain --- Tariff --- Protectionism --- History --- 339.545<41> --- -Tariff --- -338 (41) --- Ad valorem tariff --- Border taxes --- Customs (Tariff) --- Customs duties --- Duties --- Fees, Import --- Import controls --- Import fees --- Tariff on raw materials --- Commercial policy --- Indirect taxation --- Revenue --- Customs administration --- Favored nation clause --- Non-tariff trade barriers --- Reciprocity (Commerce) --- Free trade and protection --- Boycot. Contingentering. Handelsbelemmering. Embargo. Handelsoorlog. Protectionisme. Discriminatie. Autarchie--Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland --- -Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland --- Economic conditions --- -Economic policy --- 338 (41) Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland --- 339.545<41> Boycot. Contingentering. Handelsbelemmering. Embargo. Handelsoorlog. Protectionisme. Discriminatie. Autarchie--Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland --- -339.545<41> --- -Foreign trade policy --- -Protectionism --- 338 (41) --- Economic policy --- Business, Economy and Management --- Economics --- Tariff - Great Britain - History - 20th century. --- Protectionism - Great Britain - 20th century.

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Zonder onderwerpscode: economie

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Economic growth --- Business cycles