Managing Decline

@article{Greaves2007ManagingD,
  title={Managing Decline},
  author={Julian Greaves},
  journal={The Journal of Transport History},
  year={2007},
  volume={28},
  pages={57 - 74}
}
  • J. Greaves
  • Published 1 March 2007
  • History
  • The Journal of Transport History
This paper looks at the decline of the formerly omnipotent British mercantile marine between the 2 world wars and the challenges this decline presented to successive British governments. Several packages of financial aid were made available to ship owners but they were limited in scope and did little to improve the trade's underlying competitive position. In turn, this reflected the complex nature of the trade's problems; the unwillingness of the ship owners to accept that they were in any way… 

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