Sterling in Decline

Name: Sterling in Decline
SKU: 2014767
Price: 291.00 NZD
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The Devaluations of 1931, 1949 and 1967

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Hardback

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Description

This text takes the devaluations of 1931, 1949 and 1967 as a metaphor for Britain's changing position in the world economy. It traces the decline of the pound sterling from the world's pre-eminent currency, together with the dollar's rise to prominence. It also challenges the conventional wisdom regarding the implications of events in foreign exchange markets, and of British foreign economic policy generally, for the macroeconomic performance of the British economy. This second edition features a new introduction that frames the analysis in light of subsequent contributions and brings the story up to date. It draws out the implicatons of sterling's troubled 20th century history for the country's decision of whether to adopt the euro.

Author Biography:

SIR ALEC CAIRNCROSS was Master of St. Peter's College, Oxford and held a variety of high positions in postwar Labour Governments. - BARRY EICHENGREEN is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, Research Associate of the National Bureau of Economic Research, and Research Fellow of the Centre for Economic Policy Research .

Release date NZ

August 8th, 2003

Author

Audiences

Postgraduate, Research & Scholarly
Professional & Vocational

Edition

2003 ed.

Illustrations

XXXVIII, 262 p.

Pages

262

Dimensions

140x216x22

ISBN-13

9781403913050

Product ID

2014767

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