Economic Policy

Front Cover
Manchester University Press, 2004 - History - 256 pages
The third book in The Labour Governments 1964-70 series, this text concentrates on Britain's economic policy under Britain's Labour governments in the 1960s. It assesses the origins, development and outcomes of the attempts by Harold Wilson's Labour governments to modernize the British economy. had developed since the 1940s as well as the economic legacy they inherited from the previous 13 years of Conservative rule. After outlining this context and providing a summary narrative of economic policy over this period, Labour's approach to the international economy is analysed. The core of the book then goes on to look in detail at the policies directly concerned with modernization. Following the agenda set by the National Plan of 1965, policies on planning, investment, technical change, the labour market and the nationalized industries are all considered. In addition, the productivity campaign of the late 1960s is shown to have encapsulated many of the underlying ideas and problems of Labour's approach to economic policy. The final section of the book asks how the pursuit of modernization affected Labour's commitment to social justice, before offering an overall assessment of Labour's period of office. economic historians and those interested in the history of the Labour party. Together with the other books in the series, on domestic policy and international policy, it provides a complete picture of the development of Britian under the premiership of Harold Wilson.
 

Contents

Labour and the international economy from Attlee to Wilson
21
a narrative of policy
49
Planning
68
Investment technology and the firm
94
The labour market and the trade unions
123
Modernising the public sector
152
The productivity issue
173
Social justice and economic efficiency
193
outcomes and constraints
219
Bibliography
236
Index
252
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About the author (2004)

Jim Tomlinson is Professor in the School of International Studies at Brunel University