Protection of the British Textile Industry
This chapter describes adjustment assistance policy and commercial policy towards the British cotton textile industry during the period since 1950. The first section deals with the period up to and including the 1959 Cotton Industry Act and the second section with the subsequent period. The impact of interventionist policy is assessed in the third part. The main issues there are whether the various measures made much difference to the industry and what the orders of magnitude of the assistance provided were. Finally, the wider implications of this case study for adjustment assistance policy are discussed in the final section.
KeywordsCotton Textile Textile Industry Public Assistance Commercial Policy Depreciation Allowance
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Notes and References
- 1.R. Robson, The Cotton Industry in Britain (London: Macmillan, 1957) Chapter 7.Google Scholar
- 2.Report of the Cotton Textile Mission to the United States of America, March–April 1944 (London: HMSO, 1944) and Board of Trade Working Party Report: Cotton (London: HMSO, 1946). Both reports are summarised in Caroline Miles, Lancashire Textiles: A Case Study of Industrial Change (Cambridge: Cambridge University Press for the National Institute of Economic and Social Research, 1968).Google Scholar
- 8.The Textile Council Cotton and Allied Textiles: A Report on Present Performance and Future Prospects (Manchester, 1969) Vol. 1, para. 576.Google Scholar
- 11.See National Economic Development Office, Economic Assessment to 1972, Industrial Report by the Joint Textile Committee (London, 1970)Google Scholar
- 11.See National Economic Development Office,Industrial Review to 1977, Textiles (London, 1974).Google Scholar
- 12.For further details, see Caroline Miles, “Should the Cotton Industry be Protected?”, District Bank Review Manchester, June 1966, and The Textile Council, op. cit., Vol. 1, paras. 92–95.Google Scholar
- 33.See House of Commons, Expenditure Committee, Session 1973–74: Regional Development Incentives (London: HMSO, 1974) Report, Chapter 8.Google Scholar