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Sterling in Decline
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Sterling in Decline : The Devaluations of 1931, 1949 and 1967

2003 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 1403913056
ISBN-13 9781403913050
Edition 2003 ed.
Publisher Palgrave USA
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 8th, 2003
Print length 262 Pages
Weight 601 grams
Product Classification: Monetary economicsEconomic history
Ksh 16,200.00
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Sterling in Decline takes the devaluations of 1931, 1949 and 1967 as a metaphor for Britain's changing position in the world economy. It also challenges the conventional wisdom regarding the implications of events in foreign exchange markets, and of British foreign economic policy generally, for the macroeconomic performance of the British economy.
This is a new edition of Sterling in Decline with a new introduction by Barry Eichengreen. The book traces the decline of sterling from the world''s pre-eminent currency alongside the dollar''s rise to prominence. There are parallels to be drawn with the euro''s emergence as a full-fledged competitor to the dollar for international currency status. The new introduction will bring sterling''s story up to date and draw out the implications for the dollar and the euro.

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