Lessons Learned? British Mobilization for the Two World Wars View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2016

AUTHORS

Stephen Broadberry , Peter Howlett

ABSTRACT

We compare the mobilization of the British economy during the two world wars, asking to what extent performance improved in World War II as a result of lessons learned from the experience of World War I. We find that government controls were introduced more quickly and comprehensively in World War II, which improved the scale and speed of mobilization. Better fiscal and financial management also led to less inflation. However, the external account proved more of a problem during World War II, and the greater reliance on planning rather than market mechanisms may have had adverse effects on productivity performance in the postwar world. The setback to national wealth was greater during World War II, but this did not lead to heavier reparation demands, as a result of lessons learned from the Versailles settlement. More... »

PAGES

197-219

References to SciGraph publications

Book

TITLE

Economic History of Warfare and State Formation

ISBN

978-981-10-1604-2
978-981-10-1605-9

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-981-10-1605-9_8

DOI

http://dx.doi.org/10.1007/978-981-10-1605-9_8

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1052684231


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