ABSTRACT

Nearly all the controls over the economy introduced in the course of the war were continued at the end of the war . By 1951 most of them had gone or were on the way out and by 1960 practically no th ing remained of them except exchange control . It is natural to ask w h y , if they could be dispensed w i t h later, i t was necessary to retain them dur ing the transition. Few other countries relied on them so heavily. W e r e they any the worse for it?