The object of my book British Shipping and World Competitionwas to answer the question: ‘Why has the tonnage of ships registered in the United Kingdom declined from over 45% of the world total in 1900 to about 16% of that total in 1960?’. There was never any normative element to this question, a point which has been much misunderstood. In answering the question, two different methodologies were used. Chapters II through VIII are industrial economic history, whereas Chapters IX through XIV are applied economics. When the two groups are thought of as siblings, not as Siamese twins, it can be seen that the first group has worn rather well, but that the applied economics chapters have a distinctly dated air. Most of this article is concerned with the applied economics chapters, where I try to examine what is said in the book in the light of my subsequent experience and thinking. There is one absolutely gross error in the material. Unfortunately, this is implicitly reflected in the Code of Conduct and in the EC Maritime Regulations. The original answer to the question has been rephrased in the article; I hope this will put to rest the idea that the question was normative in intent. The rephrasing does not alter the answer: the decline which needed to be accounted for can be explained solely in terms of internal constraints. The remainder was a ‘natural’ result of changing international patterns in resource allocation.


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    Title :

    British Shipping and World Competition[1] revisited


    Contributors:

    Published in:

    Publication date :

    1991-01-01




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown



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