The Bank of England :: 1950s to 1979 /

"This history of the Bank of England takes its story from the 1950s to the end of the 1970s. This period probably saw the peak of the Bank's influence and prestige, as it dominated the financial landscape. One of the Bank's central functions was to manage the exchange rate. It was als...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Capie, Forrest
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge ; New York : Cambridge University Press, 2010.
Schriftenreihe:Studies in macroeconomic history.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:"This history of the Bank of England takes its story from the 1950s to the end of the 1970s. This period probably saw the peak of the Bank's influence and prestige, as it dominated the financial landscape. One of the Bank's central functions was to manage the exchange rate. It was also responsible for administering all the controls that made up monetary policy. In the first part of the period, the Bank did all this with a remarkable degree of freedom. But economic policy was a failure, and sluggish output, banking instability, and rampant inflation characterized the 1970s. The pegged exchange rate was discontinued, and the Bank's freedom of movement was severely constrained, as new approaches to policy were devised and implemented. The Bank lost much of its freedom of movement but also took on more formal supervision"--
Beschreibung:1 online resource (xxviii, 890 pages) : illustrations
Bibliographie:Includes bibliographical references (pages 835-852) and index.
ISBN:9781139077576
1139077570
9780511761478
0511761473
9781107621695
1107621690

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