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Following the Brexit vote, this book offers a timely historical assessment of the different ways that Britain’s economic future has been imagined and how British ideas have influenced global debates about market relationships over the past two centuries. The 2016 EU referendum hinged to a substantial degree on how competing visions of the UK should engage with foreign markets, which in turn were shaped by competing understandings of Britain’s economic past. The book considers the following inter-related questions: - What roles does economic imagination play in shaping people’s behaviour and how far can insights from behavioural economics be applied to historical issues of market selection? - How useful is the concept of the ‘official mind’ for explaining the development of market relationships? - What has been the relationship between expanding communications and the development of markets? - How and why have certain regions or groupings (e.g. the Commonwealth) been ‘unimagined’- losing their status as promising markets for the future?
This book examines how Britain's economic future has been envisioned and how these visions have shaped global economic discourse. It investigates the interplay between economic imagination and public behavior, exploring the utility of the 'official mind' concept in understanding market development, the impact of communication advancements on markets, and the reasons behind the 'unimagining' of certain regions or groups as future markets. The authors draw on historical analysis to provide context for contemporary debates, particularly in light of the Brexit referendum.
The book offers a timely historical perspective on Britain's economic future, particularly relevant following the Brexit vote. It addresses key questions regarding the role of economic imagination, the 'official mind,' and the impact of communications on market development. The analysis of how certain regions were 'unimagined' as markets provides a unique lens on historical economic policy. The work is structured to inform contemporary discussions on Britain's place in global markets.
Page Count:
308
Publication Date:
2018-04-04
Publisher:
Springer Nature
ISBN-10:
3319712977
ISBN-13:
9783319712970
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