000 02311nmm a22003017a 4500
003 SPU
005 20240320140223.0
008 240320s2022 enk ob 001 0 eng
020 _a9781108878333
040 _aSPU
049 _amain
050 0 0 _aHG 3943
_bN33E 2022
100 _aNaef, Alain,
_d1985-
_9257060
245 1 3 _aAn exchange rate history of the United Kingdom, 1945-1992 /
_cAlain Naef, University of California, Berkeley
260 _aNew York, NY :
_bCambridge University Press,
_c2022
300 _aonline resource
449 _a110241
504 _aIncludes bibliographical references and index
505 _aSterling’s Post-War Role and Lessons from the 1947 Convertibility Crisis -- The Reopening of the London Foreign Exchange Market: Sterling’s Window on the World -- The Reopening of the London Gold Market in 1954: Sealing the Fate of Sterling and the International System -- The Gold Pool -- The 1964–1967 Currency Crisis -- Britain, Nixon and the End of Bretton Woods -- Britain’s Last Currency Crisis
520 _a"How did the Bank of England manage sterling crises? This book steps into the shoes of the Bank's foreign exchange dealers to show how foreign exchange intervention worked in practice. The author reviews the history of sterling over half a century, using new archives, data and unseen photographs. This book traces the sterling crises from the end of the War to Black Wednesday in 1992. The resulting analysis shows that a secondary reserve currency such as sterling plays an important role in the stability of the international system. The author goes on to explore the lessons the Bretton Woods system on managed exchange rates has for contemporary policy makers in the context of Brexit. This is a crucial reference for scholars in economics and history examining past and current prospects for the international financial system"--
_cProvided by publisher.
588 _aDescription based on print version record and CIP data provided by publisher; resource not viewed.
650 0 _aFOREIGN EXCHANGE RATES
_zGREAT BRITAIN
_xHISTORY
_y20TH CENTURY
_9257061
850 _aSPU
856 _uhttps://doi.org/10.1017/9781108878333
910 _aLibrary
_bCambridge University Press
_c200324
_pEB000540
942 _2lcc
_cEBK
998 _ajirawan 0324
999 _c213890