The Treasury and Britain's Decline
Bibliographic Data
| ID | 6345449 |
|---|---|
| Authors | Colin Thain (University of Exeter, corresponding author) |
| Year | 1984 |
| Volume | 32 |
| Issue | 4 |
| Pages | 581-595 |
| Publication date | 1984-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Political Studies (JOURNAL) |
| Journal identifiers | ISSN: 0032-3217 • E-ISSN: 1467-9248 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1111/j.1467-9248.1984.tb01547.x |
| OpenAlex | W2091538863 |
| Language | EN |
| Citations received | 5 |
| References cited | 2 |
This article concentrates on explanations of Britain's economic decline which highlight the role of the Treasury. There is inconclusive evidence that stop-go financial policies and low investment have contributed to low growth. It is argued that foreign economic policy delayed the modernization of the economy. Although officials influence day-to-day strategy and the creation of instrumentation, the collegiate nature of decision-making means that civil service influence is hard to assess. The Treasury is constrained by pressure groups and by other departments in Whitehall. These constraints are examined with reference to the Medium-Term Financial Strategy. Finally, there are long-term reasons for Britain's decline and these do not originate in any one institution. It is not possible to analyse the role of the Treasury in isolation
Business · Civil service · Development economics · Economic growth · Economic policy · Economics · Financial institution · Institution · Investment (military · Modernization theory · Political science · Politics · Public service · Treasury · Economic, financial, and policy analysis · Finance · Fiscal Policies and Political Economy · Global Financial Crisis and Policies · Law · Public Administration
Treasury Control’ and the British Environmental State
Nebuleuse and the 'internationalization of the state' in the UK? The case of HM Treasury and the Bank of England
The Education of the Treasury
Institutional Rigidities and Economic Decline
The Role of the State in the Financialisation of the UK Economy
| Citations per year | 0.12 |
|---|---|
| Citation span | 1985 - 2018 (34) |
| Highly cited | No |