Britain and the Sterling Area: From Devaluation to Convertibility in the 1950s
To complement current work on the British domestic economy in the post-war period it is necessary to examine external economic policy. Whilst considerable work has been done on Britain's relations with Europe and with America, the complexities of the sterling area have remained obscure. This volume makes a significant contribution to unravelling the strands of British external economic policy in the post-war period.
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Britain and the Sterling Area: From Devaluation to Convertibility in The 1950s
No preview available - 2014
accumulated American area’s Australia balance of payments Bank of England Britain British economy British exports capital flows Capital Issues Committee cent central reserves Ceylon Chancellor Cobbold Collective Approach colonial sterling balances Commonwealth Finance Ministers competitive convertibility currency area decline deficit devaluation dollar area dollar imports domestic earnings Europe European exchange control exchange rate Exchequer external figures foreign exchange reserves funds gold growth ibid Imperial Preference increased independent sterling area India interest rates international economy January Korean War liabilities London market long-term non-sterling area OEEC official overseas investment overseas sterling area Pakistan Pakistan and Ceylon post-war quantitative restrictions Radcliffe Committee raw materials Report ROBOT securities Source South Africa sterling area balance sterling area countries sterling area imports sterling area market sterling area members sterling area policy sterling area system sterling area trade sterling assets surplus Table trade and payments Treasury Bills UK exports Zealand