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The Historical Context
The Monetarist Blind Alley
The Way to Economic Growth
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abroad achieved annum balance of payments better Bretton Woods system Britain Britain's economic British economy caused changes competitive costs countries currency decades deflation demand depreciation Deutsche Mark devaluation domestic economic growth economic performance economic policy economy grow effect European Union evidence exports factors fell figures France full employment Germany gold growth rate high levels higher huge important improve income industry inflation rate inflationary interest rates investment labour force large numbers Lawson boom less levels of unemployment lower Maastricht criteria Maastricht Treaty major manufacturing output monetarism monetarist monetary policy money supply NAIRU Napoleonic Wars Nigel Lawson overvalued parity particularly period political position pound price level problems productivity profitability public sector rate of inflation reason reduce relatively result rise rose share of world standard of living sterling substantial supply side tariffs world average world trade