In his final work, one that distills decades of research and thought, a distinguished economic thinker turned social scientist and philosopher confronts three crucial questions facing the world at the end of the century: How and in what form can a harmonious and stable post-cold war world order...

Introduction -- Part I. Emerging Champion -- Chapter 1. Winning the Peace -- Chapter 2. British Trade Bank -- Chapter 3. Finance and Industry -- Chapter 4. Dash for Growth -- Part II. Merchant Adventurer -- Chapter 5. Russia -- Chapter 6. Turkey -- Chapter 7. Middle East -- Chapter 8....

To what extent has the British economy declined compared to its competitors and what are the underlying reasons for this decline? Nicholas Crafts, one of the world's foremost economic historians, tackles these questions in a major new account of Britain's long-run economic performance. He argues...