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Describing key political and economic decisions or events, this book discusses Britain's economic decline in the post war period. It offers an alternative approach to improving its performance, known as "the strategic alignment of national and corporate competitiveness". In this proposal, the authors attempt to escape from the traditional left-right debate concerning the degree to which the state should replace the market in owning and controlling key sectors of the economy. Instead they focus on the state as a facilitator in the provision of assets required by firms competing in the international arena.