Since 1945 successive British governments have assumed broad responsibility for macro-economic performance. In particular, they have played an active role in managing the economy in the interests of securing high employment, economic growth and low inflation, with their approach evolving in response to changing economic circumstances, intellectual shifts and past policy failures. This book provides an overview of economic management, particularly financial management, over the period. It addresses the issues of how it has changed and why it has not always been successful. Adopting a...
Since 1945 successive British governments have assumed broad responsibility for macro-economic performance. In particular, they have played an active ...