Sterling in Decline: The Devaluations of 1931, 1949 and 1967

by Alec Cairncross and Barry Eichengreen

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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...

Format:Hardcover

Language:English

ISBN:1403913056

ISBN13:9781403913050

Release Date:August 2003

Publisher:Palgrave MacMillan

Length:262 Pages

Weight:1.28 lbs.

Dimensions:0.8" x 6.1" x 9.7"

Related Subjects

Business Business & Investing Economics

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Sterling in Decline: The Devaluations of 1931, 1949 and 1967

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