Going South: Why Britain will have a Third World Economy by 2014

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Palgrave Macmillan, Jun 14, 2012 - Business & Economics - 400 pages
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With a second recession looming, Britain is facing a moment of truth. This book examines how the leader of the industrial revolution came to exhibit the features of a 'developing country'; chronic debt, volatile growth and vulnerability to external events. Going South explains how this has happened, arguing that the time for quick fixes is over.
 

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Contents

One hundred all out
1
1 June 1914 A snapshot as the storm breaks
15
2 June 2014 in LagosonThames
51
3 Welcome to the beautiful south
87
the big fixes and why they went wrong
123
the nostrategy strategy
163
is Britains economic crisis all in the mind?
195
7 The great reckoning
235
8 Desperately seeking Sweden or Freeport Ho The search for a development model
269
investment during the crisis
301
10 After the illusions
335
Notes
363
Index
373
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About the author (2012)

LARRY ELLIOTT is the Economics Editor of The Guardian. He is the council member of the Overseas Development Institute and visiting fellow at the University of Hertfordshire, UK.

DAN ATKINSON is the Economics Editor of The Mail on Sunday, previous to this he was a financial correspondent at The Guardian.

Larry Elliott and Dan Atkinson are the authors of two previously successful publications The Gods That Failed and Fantasy Island.