This is a new edition of Sterling in Decline with a new introduction by Barry Eichengreen. The book traces the decline of sterling from the world's pre-eminent currency alongside the dollar's rise to prominence. There are parallels to be drawn with the euro's emergence as a full-fledged competitor to the dollar for international currency status. The new introduction will bring sterling's story up to date and draw out the implications for the dollar and the euro.
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Book Description
Editorial Reviews
About the Author
Alec Cairncross is formerly St. Peter's College, Oxford.
Barry Eichengreen is at the University of California, Berkeley.
Barry Eichengreen is at the University of California, Berkeley.
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Inside This Book
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First Sentence:
Few events in the economic life of a nation and its policymakers are so profoundly affecting as currency devaluation. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
exchange market difficulties, cheap sterling, insured labour force, other monetary authorities, gold export point, existing parity, hire purchase restrictions, gold standard parity, interwar gold standard, sterling area countries, sterling liabilities, immediate devaluation, prewar parity, visible balance, trade balance deficit, sterling balances, convertibility crisis, official financing, bank rate, dollar drain, invisibles balance, invisibles account, dollar area, gold losses Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bank of England, United States, United Kingdom, Prime Minister, New York, National Institute, Bank of France, Board of Trade, Robert Hall, The Economist, Economic Policy Committee, Macmillan Committee, Harold Wilson, House of Commons, Stafford Cripps, Douglas Jay, Economic Section, South Africa, George Brown, Economic Trends Annual Supplement, Second World War, International Monetary Fund, New Zealand, Annual Abstract of Statistics, Chancellor of the Exchequer New!
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
Few events in the economic life of a nation and its policymakers are so profoundly affecting as currency devaluation. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
exchange market difficulties, cheap sterling, insured labour force, other monetary authorities, gold export point, existing parity, hire purchase restrictions, gold standard parity, interwar gold standard, sterling area countries, sterling liabilities, immediate devaluation, prewar parity, visible balance, trade balance deficit, sterling balances, convertibility crisis, official financing, bank rate, dollar drain, invisibles balance, invisibles account, dollar area, gold losses Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bank of England, United States, United Kingdom, Prime Minister, New York, National Institute, Bank of France, Board of Trade, Robert Hall, The Economist, Economic Policy Committee, Macmillan Committee, Harold Wilson, House of Commons, Stafford Cripps, Douglas Jay, Economic Section, South Africa, George Brown, Economic Trends Annual Supplement, Second World War, International Monetary Fund, New Zealand, Annual Abstract of Statistics, Chancellor of the Exchequer New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
Citations (learn more)
This book cites 56
books:
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30
books
cite this book:
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- Miniset B. Economic History (Routledge Library Editions: The Economics) by G.C. Allen on 4 pages
- The Money Supply and the Exchange Rate by W. A. Eltis in Back Matter (1), Back Matter (2), and Back Matter (3)
- Financial Statistics: No 401 September by Great Britain on page 12, and page 15
- International Economics: Theory and Policy (6th Edition) by Paul R. Krugman in Front Matter, and Back Matter
- International Economics by Paul R. Krugman in Front Matter, and Back Matter
See all 56 books this book cites
- Money and Security: Troops, Monetary Policy, and West Germany's Relations with the United States and Britain, 1950-1971 (Publications of the German Historical Institute) by Hubert Zimmermann on page 23, page 183, and Back Matter
- The Politics of State Expansion: War, State and Society in Twentieth Century Britain by James Cronin in Back Matter (1), and Back Matter (2)
- International Monetary Cooperation Since Bretton Woods by Harold James in Back Matter (1), and Back Matter (2)
- Britain since 1945: The People's Peace by Kenneth O. Morgan on page 243, and Back Matter
- World Economic Primacy: 1500-1990 by Charles P. Kindleberger on page 145, and Back Matter
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