Protectionism and Economic Revival: The British Inter-war Economy

The impact of protectionism is currently a contentious policy issue. This book evaluates the effects of protectionism on the British inter-war economy. In contrast to most studies of the period and the conclusions of orthodox economic theory, Kitson and Solomou show that the introduction of the General Tariff in 1932 provided a substantial stimulus to the domestic economy--a stimulus that can help to explain the trend improvement in British economic growth in the 1930s. The authors show tha...