The Banks and the Monetary System in the UK, 1959-1971

Author:   J.E. Wadsworth
Publisher:   Taylor & Francis Ltd
ISBN:  

9781138865082


Pages:   544
Publication Date:   09 February 2015
Format:   Paperback
Availability:   In Print   Availability explained
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The Banks and the Monetary System in the UK, 1959-1971


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Overview

The annual Monetary Surveys published in the Midland Bank Review have become an established and authoritative source of reference for all students of money and banking and related topics, and for those concerned with general economics and current affairs. This superb volume brings together reprints of these Surveys with a selection of special articles published in the Review since the 1959 Radcliffe Report on the working of the monetary system. In his introduction the editor discusses in outline Britain’s financial dilemma. The period covered is an interesting and exciting one{emru}economic conditions in the UK were swinging from achievement in the early 19605 to near calamity, and in the international monetary field policy moved from convertibility for current transactions through tighter restrictions and devaluation, to the experiments of 1971. The book is set out in four sections. The first section contains articles dealing mainly with official activities in the management of government debt, of the money supply, and of the banking system. In the second section are five articles describing and analysing London’s money market operations, and examining the swift growth of non-bank financial intermediaries and the markets in which they are active, including the Eurodollar market. These are followed by the annual Monetary Surveys for the years 1959 to 1971, which tell the story of the struggle to preserve the parity of sterling, the devaluation of 1967, and the consequences for Britain’s position at home and abroad; they also record developments in banking and the first effects of the new methods of credit control. The final section of appendices presents up-to-date statistics and charts and relevant documents illustrating the monetary and economic background of the period covered. This excellent text was first published in 1973.

Full Product Details

Author:   J.E. Wadsworth
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Dimensions:   Width: 15.60cm , Height: 2.80cm , Length: 23.40cm
Weight:   0.748kg
ISBN:  

9781138865082


ISBN 10:   1138865087
Pages:   544
Publication Date:   09 February 2015
Audience:   College/higher education ,  General/trade ,  Tertiary & Higher Education ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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