Abstract
Industrial policy within the United Kingdom has a long and detailed history. Early forms of government regulation of industrial development can be dated back at least to the formation of monopoly companies in the form of the East and West India Companies for the exploitation of trade with the East and West Indies.1 More commonly, however, industrial policy is considered to have evolved in the twentieth century in response to the collapse of free trade and the Great Depression. The development of a ‘managed economy’ from the interwar years and extended further, following the successful organization of industry in wartime Britain, into the post-war era marked a new era in government’s role within the private economy.2
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Similar content being viewed by others
Bibliography
Audretsch, B. D. ‘Knowledge, Globalisation and Regions: An Economist’s Perspective’. In Regions, Globalisation and the Knowledge-Based Economy, edited by J. H. Dunning, 63–81. Oxford: Oxford University Press, 2000.
Bacon, R. and W. A. Eltis. Britain’s Economic Problem: Toofew Producers. London: MacMillan, 1976.
Baldwin, R. E. ‘Are Economists’ Traditional Trade Policy Views Still Valid?’ Journal of Economic Literature 30, no. 2 (1992): 804–829.
Barnett, C. The Audit of War: The Illusions and Reality of Britain as a Great Nation. London: MacMillan, 1999
—. The Collapse of British Power. London: Eyre Methuen, 1971.
Bean, C. and N. F. R. Crafts. ‘British Economic Growth Since 1945: Relative Economic Decline … and Renaissance?’ In Economic Growth in Europe Since 1945, edited by N. F. R. Crafts and G. Toniolo, 131–172. Cambridge: Cambridge University Press, 1996.
Booth, A. The British Economy in the Twentieth Century. Basingstoke: Palgrave Macmillan, 2001.
Broadberry, S. N. and N. F. R. Crafts. ‘British Economic Policy and Performance in the Early Post-war Period’. Business History 38, no. 4 (1996): 65–91.
Cairncross, A. The Years of Recovery: British Economic Policy 1945–51. London: Methuen, 1985.
Cannadine, D. ‘Apocalypse When? British Politicians and British “Decline” in the Twentieth Century’. In Understanding Decline: Perceptions and Realities of Britain’s Economic Performance, edited by P. Clarke and C. Trebilcock, 261–284. Cambridge: Cambridge University Press, 1997.
Crafts, N. F. R. Can De-industrialisation Seriously Damage your Wealth: A Review of Why Growth Rates Differ and How to Improve Economic Performance. London: Institute of Economic Affairs, 1993.
Craig, C., J. Robery, R. Tarling, and F. Wilkinson. ‘Abolition and After: The Jute Wages Council’. Department of Applied Economics University of Cambridge, Research Paper No.15, 1980.
Daunton, M. J. Progress and Poverty: An Economic and Social History of Britain 1700–1850. Oxford: Oxford University Press, 1995.
Deane, P. The First Industrial Nation. Cambridge: Cambridge University Press, 1979.
Eichengreen, B. ‘Explaining Britain’s Economic Performance’. In Economic Growth in Europe Since 1945, edited by N. F. R. Crafts and G. Toniolo, 38–72. Cambridge: Cambridge University Press, 1996.
Elliott, L. and D. Atkinson. The Age of Insecurity. London: Verso, 1998.
Guildhall Library. Stock Exchange Yearbook, London: LSE, various years.
Hall, P. and D. Soskice, eds. Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford: Oxford University Press, 2002.
HMSO, Report on the UK Census of Production, Jute, 79, London, HMSO, various years.
Howe, W. S. The Dundee Textiles Industries 1960–77: Decline and Diversification, Aberdeen: Aberdeen University Press, 1982.
Howson, S. Domestic Monetary Management in Britain, 1919–1938. Cambridge: Cambridge University Press, 1975.
Hutton, W. The State We’re In. London: Vintage, 1996.
Jullien, B. and A. Smith. ‘Conceptualizing the Role of Politics in the Economy: Industries and their Institutionalizations’. Review of International Political Economy 18, no. 3, (2011): 358–383.
Krugman, P. R., M. Obstfeld and M. J. Melitz. International Economics: Theory and Practice. London: Prentice Hall 2012.
Lazonick, W. Business Organization and the Myth of the Market Economy. Cambridge: Cambridge University Press, 1991.
Lenman, B., C. Lythe, and E. Gauldie. Dundee and Its Textile Industry 1850–1914. Dundee: Abertay Historical Society, 1969.
McDowall, S. and P. Draper. ‘Trade Adjustment and the British Jute Industry: A Case Study’. Board of Trade Journal, 1978.
Mercer, H., N. Rollings and J. Tomlinson. Labour Governments and Private Industry: The Experience of1945–1951. Edinburgh: Edinburgh University Press, 1992.
Middleton, R. Towards the Managed Economy. London: Macmillan, 1988.
O’Brien, P. ‘The Nature and Historical Evolution of an Exceptional Fiscal State and Its Possible Significance for the Precocious Commercialization and Industrialization of the British Economy from Cromwell to Nelson’. Economic History Review 64, no. 2 (2011): 408–446.
Olson, M. Rise and Decline of Nations: Economic Growth, Stagflation and Social Rigidities. New Haven: Yale University Press, 1982.
Peden, G. C. Keynes, the Treasury and British Economic Policy. Basingstoke: Macmillan, 1988.
Phelps-Brown, H. ‘What is the British Predicament?’ Three Banks Review 116 (1977): 3–29.
Scottish Council (Development and Industry). Inquiry into the Scottish Economy, 1960–61: Report of a Committee under the Chairmanship of J. N. Toothill. Edinburgh: HMSO, 1961.
Shonfield, A. Modern Capitalism: The Changing Balance of Public and Private Power. Oxford: Oxford University Press, 1965.
Stewart, G. T. Jute and Empire: The Calcutta Jute Wallahs and the Landscape of Empire. Manchester: Manchester University Press, 1998.
Tomlinson, J. Public Policy and the Economy since 1900. Oxford: Oxford University Press, 1990.
Tomlinson, J., C. J. Morelli, and V. Wright. The Decline of Jute: Managing Industrial Change. London: Chatto & Pickering, 2011.
University of Dundee, Archives: Jute Industries (Holding) Papers, MS 66/10/1/ 2/19; MS 66/10/15/2/1; MS 66/10/15/1/1; MS 66/10/1/12; MS 24/1/7/1/6.
University of Dundee, Archives: Low & Bonar Ltd. Papers, MS 24/1/8/5/1, MS 24/1/7/1/5, MS 24/1/7/1/4, MS 24/1/7/1/3, MS 24/1/7/3/1, MS 24/1/7/1/1.
Walker, W. M. Juteopolis: Dundee and Its Textile Workers 1885–1923. Edinburgh: Scottish Academic Press, 1979.
Editor information
Editors and Affiliations
Copyright information
© 2013 Carlo Morelli
About this chapter
Cite this chapter
Morelli, C. (2013). Jute, Firm’s Survival, and British Industrial Policy: Government Action under Globalization. In: Umemura, M., Fujioka, R. (eds) Comparative Responses to Globalization. Palgrave Macmillan, London. https://doi.org/10.1057/9781137263636_7
Download citation
DOI: https://doi.org/10.1057/9781137263636_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-44265-2
Online ISBN: 978-1-137-26363-6
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)