The Bank of England has played a crucial if sometimes little understood role in the life of the nation. This work aims to assess the major themes in the Bank's history: its relationship with government; its impact on the British economy; its position in the City of London; and its role in the international banking and monetary system.
The Bank of England''s tercentenary (July 1994), coming as it does with the future status of the Bank a subject of much discussion, is an apposite moment to offer an overview of the Bank''s history as a whole. Obviously there have been several detailed histories of the Bank, but this collection of essays is the first attempt to identify the most important themes of the institution''s history and put them in a long-term perspective. The main pieces will deal with the Bank''s relations with government, its impact on the British economy, its role in international central banking, its position in the City of London, and its changing composition and management. In addition, in a piece likely to cause considerable interest, the Deputy Governor (Rupert Pennant Rea) will be looking at all these themes in a contemporary light and offering some thoughts about the Bank''s future. Added value is given by two main appendices: a detailed chronology of the Bank''s history; and a comprehensive listing of its governors, directors, and senior officials. In sum, this is a book that meets a clear intellectual need, while also being extremely convenient for those unwilling or unable to embark on the circa 2600 pages of the three main official histories. Contributors: D. Kynaston, A. Cairncross, P. Cottrell, R. Roberts, E. Hennessy, R. Pennant Rea,
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