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Abstract

The most pressing task facing the incoming Attlee government in 1945 had been to reconstruct Britain’s international payments system to sustain economic development in conditions of production and trade imbalance. By the time of Attlee’s electoral defeat in 1951 Britain had overcome the primary barriers to accumulation which had constrained the economy in 1945, and despite recurrent balance of payments crises had established a payments system which facilitated high rates of economic growth.

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© 1990 Peter Burnham

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Burnham, P. (1990). Conclusion. In: The Political Economy of Postwar Reconstruction. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20553-0_7

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