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The British Balance of Payments and Problems of Domestic Policy

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  • Alfred E. Kahn

Abstract

I. British postwar problems of adjustment, 368. — Possible avenues of escape from lower living standards, 372. — II. The government's double mandate, 374. — Comparison with the current American situation, 376. — Prospective capital shortage, 377. — III. Basic needs, 381. — Conflicting objectives, 383. — Resulting dangers: effect on exports, 386; on business incentives and voluntary savmgs, 388. — New outlooks, 390. — IV. The dilemma in terms of the balance of payments, 392. — Compromises inevitable, 393. — Conclusion, 395.

Suggested Citation

  • Alfred E. Kahn, 1947. "The British Balance of Payments and Problems of Domestic Policy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 61(3), pages 368-396.
    • Handle: RePEc:oup:qjecon:v:61:y:1947:i:3:p:368-396.
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    Cited by:

    1. Paul Joskow & Roger Noll, 2013. "Alfred E. Kahn, 1917–2010," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 42(2), pages 107-126, March.

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