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Opis

Peter Burnham presents a detailed, archive-based account of key aspects of international monetary relations in the 1950s focusing specifically on Anglo-American policy surrounding the restoration of sterling convertibility. He revises many views which have been accepted as orthodoxy; in particular pointing out how the Bretton Woods Agreement of 1944 and its attendant institutions did not begin to operate until after 1958. At the heart of the book is the claim that in the midst of economic crisis in February 1952, the British government had a unique opportunity (discussed under the codename Operation Robot) to take a revolutionary step in the external field to transform the international political economy through the abolition of the fixed rate system, the International Monetary Fund, and the European Payments Union and top restructure Britain's domestic economy to tackle longstanding productivity, export and labour market problems. The book explores the argument that had Robot been implemented Britain might have maintained its economic independence and not suffered the slow 'creeping paralysis' that it endured for the next twenty-five years.

Szczegóły książki

Kategoria Książki po angielsku Economics, finance, business & management Economics Macroeconomics

• Pełny tytuł: Remaking the Postwar World Economy
• Autor: Peter Burnham
• Język: Angielski
• Oprawa: Twarda
• Liczba stron: 236
• EAN: 9780333557259
• ISBN: 0333557255
• ID: 04595339
• Wydawca: Palgrave Macmillan
• Waga: 426 g
• Wymiary: 216 × 140 × 18 mm
• Data wydania: 02. September 2003

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