Goodbye, Great Britain
The 1976 IMF Crisis
In March 1976 the value of the British pound began to slide. The slide turned into a rout and triggered an economic and political trauma. By September confidence in the pound had collapsed. In April 1975 the Wall Street Journal had run the headline 'Goodbye, Great Britain, ' advising investors to get out of sterling. Now the British Labour government under its new Prime Minister James Callaghan was forced to seek help from the International Monetary Fund, a familiar option for Third World countries but highly unusual for a developed western economy. This expert new study uncovers the roots of the most searing economic crisis of postwar Britai…
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Produktdetails
Weitere Autoren: Cairncross, Alec
- ISBN: 978-0-300-05728-7
- EAN: 9780300057287
- Produktnummer: 1679554
- Verlag: Yale University Press
- Sprache: Englisch
- Erscheinungsjahr: 1992
- Seitenangabe: 288 S.
- Masse: H24.3 cm x B16.5 cm x D2.3 cm 584 g
- Gewicht: 584
- Sonstiges: Undergraduate
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