COPYRIGHT YEAR

2016

AUTHORS

Peter Howlett, Stephen Broadberry

TITLE

Lessons Learned? British Mobilization for the Two World Wars

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.

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27 TRIPLES      25 PREDICATES      24 URIs      13 LITERALS

Subject Predicate Object
1 book-chapters:3eb318369d17580741f19632fcfe554f sg:abstract 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.
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6 sg:copyrightHolder Editors
7 sg:copyrightYear 2016
8 sg:ddsId b978-981-10-1605-9_8
9 sg:doi 10.1007/978-981-10-1605-9_8
10 sg:esmRights OpenAccess
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17 sg:language En
18 sg:license http://scigraph.springernature.com/explorer/license/
19 sg:metadataRights OpenAccess
20 sg:pageFirst 197
21 sg:pageLast 219
22 sg:scigraphId 3eb318369d17580741f19632fcfe554f
23 sg:title Lessons Learned? British Mobilization for the Two World Wars
24 sg:webpage https://link.springer.com/10.1007/978-981-10-1605-9_8
25 rdf:type sg:BookChapter
26 rdfs:label BookChapter: Lessons Learned? British Mobilization for the Two World Wars
27 owl:sameAs http://lod.springer.com/data/bookchapter/978-981-10-1605-9_8
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