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Item Details
Title: STERLING IN DECLINE
THE DEVALUATIONS OF 1931, 1949 AND 1967
By: Sir Alec Cairncross, Barry Eichengreen
Format: Electronic book text

List price: £88.80


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0230596304
ISBN 13: 9780230596306
Publisher: PALGRAVE MACMILLAN
Pub. date: 8 August, 2003
Synopsis: Sterling in Decline 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 implications of sterling's troubled 20th century history for the country's decision of whether to adopt the euro.
Publication: UK
Imprint: Palgrave Macmillan
Returns: Non-returnable
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