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An Exchange Rate History Of The United Kingdom 19451992 Alain Naef

  • SKU: BELL-46542114
An Exchange Rate History Of The United Kingdom 19451992 Alain Naef
$ 31.00 $ 45.00 (-31%)

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An Exchange Rate History Of The United Kingdom 19451992 Alain Naef instant download after payment.

Publisher: Cambridge University Press
File Extension: PDF
File size: 7.64 MB
Pages: 267
Author: Alain Naef
ISBN: 9781108839990, 1108839991
Language: English
Year: 2022

Product desciption

An Exchange Rate History Of The United Kingdom 19451992 Alain Naef by Alain Naef 9781108839990, 1108839991 instant download after payment.

How did the Bank of England manage sterling crises? This book steps into the shoes of the Bank's foreign exchange dealers to show how foreign exchange intervention worked in practice. The author reviews the history of sterling over half a century, using new archives, data and unseen photographs. This book traces the sterling crises from the end of the War to Black Wednesday in 1992. The resulting analysis shows that a secondary reserve currency such as sterling plays an important role in the stability of the international system. The author goes on to explore the lessons the Bretton Woods system on managed exchange rates has for contemporary policy makers in the context of Brexit. This is a crucial reference for scholars in economics and history examining past and current prospects for the international financial system.

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