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Procedures for Producing Economic Resurgence

In: The Role of Banks in Economic Development

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  • George T. Edwards

Abstract

The purpose of this chapter is to discuss four cases of economic resurgence (post-war France, Germany and Japan, and wartime USA) and one case of persistent economic decline (the United Kingdom). What I shall seek to do is to draw out, so far as is possible, the lessons of economic history as given by these case histories, outlining the procedures the successful cases of economic resurgence have in common and sometimes contrasting their different approaches towards similar ends. The purpose of the analysis is to develop a prescription, consisting of a set of procedures, aimed at producing economic resurgence. The analytical tactic lies, as usual, in trying to deduce the general principles from the particular examples, but this is best done cautiously and carefully with some knowledge of the relevant histories of the financial-industrial systems under study.

Suggested Citation

  • George T. Edwards, 1987. "Procedures for Producing Economic Resurgence," Palgrave Macmillan Books, in: The Role of Banks in Economic Development, chapter 4, pages 91-117, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-08627-6_4
    DOI: 10.1007/978-1-349-08627-6_4
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