Description

Book Synopsis
This book charts the course of monetary policy in the UK from 1967 to 1982. It shows how events such as the 1967 devaluation, the collapse of Bretton Woods, the stagflation of the 1970s, and the IMF loan of 1976 all shaped policy. It shows that the 'monetarist' experiment of the 1980s was based on a fundamental misreading of 1970s monetary policy.

Table of Contents
1. From Devaluation to Competition and Credit Control, 1967-71 2. Competition and Credit Control, 1971-73 3. The PSBR Takes Over, 1974-76 4. Too Many Targets, 1977-79 5. The Lady is for Turning

UK Monetary Policy from Devaluation to Thatcher

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    A Hardback by Duncan Needham

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      Book details

      Publisher Palgrave MacMillan UK
      Published 5/13/2014 12:00:00 AM
      ISBN-13 9781137369536
      978-1137369536
      ISBN-10 1137369531
      Also in:
      Business, Finance & Law Economic and financial crises and disasters Economic history Macroeconomics

      Description

      Book Synopsis
      This book charts the course of monetary policy in the UK from 1967 to 1982. It shows how events such as the 1967 devaluation, the collapse of Bretton Woods, the stagflation of the 1970s, and the IMF loan of 1976 all shaped policy. It shows that the 'monetarist' experiment of the 1980s was based on a fundamental misreading of 1970s monetary policy.

      Table of Contents
      1. From Devaluation to Competition and Credit Control, 1967-71 2. Competition and Credit Control, 1971-73 3. The PSBR Takes Over, 1974-76 4. Too Many Targets, 1977-79 5. The Lady is for Turning

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