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The Functions of Sterling: Routledge Revivals

Autor F.V. Meyer
en Limba Engleză Paperback – 30 oct 2023
Why is sterling under pressure? Why was the devaluation in 1967 followed by stagnation of British economy? What do the 1971 monetary reforms mean for sterling in the 1970s? First published in 1973, The Functions of Sterling discusses these vital questions and challenges the received wisdom of those who tells us it is beneficial that our money should be worth less. It also examines critically the internal and external performance of sterling throughout the twentieth century. The book argues that the credit control policy offers a real possibility of improved economic growth and encourage the revaluation of sterling. To a large extent the book is in line with Sir Ralph Hawtrey’s reasoning and also integrates monetary economics with "real" problems of comparative costs, innovations, and growth.
This book is an essential read for scholars of British economy, public policy, political economy, and economics in general.
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Specificații

ISBN-13: 9781032103006
ISBN-10: 1032103000
Pagini: 174
Dimensiuni: 156 x 234 mm
Greutate: 0.16 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Seria Routledge Revivals

Locul publicării:Oxford, United Kingdom

Cuprins

Preface 1. The Functions of a Currency 2. The Effects of Devaluation in 1967 3. Credit Control 1900-1971 4. Towards a Revaluation of Sterling Notes Index

Descriere

Why is sterling under pressure? What do the 1971 monetary reforms mean for sterling in the 1970s? First published in 1973, The Functions of Sterling discusses these vital questions and challenges the received wisdom of those who tells us it is beneficial that our money should be worth less.