Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Sterling in Decline: The Devaluations of 1931, 1949 and 1967

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

Cairncross, A.
Eichengreen, B.

Hardcover

EconomicsInvesting & FinanceManagement

ISBN10: 1403913056
ISBN13: 9781403913050
Publisher: Springer Nature
Published: Aug 8 2003
Pages: 262
Weight: 1.28
Height: 0.85 Width: 6.10 Depth: 9.70
Language: English
Sterling in Decline takes the devaluations of 1931, 1949 and 1967 as a metaphor for Britain's changing position in the world economy. It traces the decline of the pound sterling from the world's pre-eminent currency, together with the dollar's rise to prominence. 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 second edition features a new introduction that frames the analysis in light of subsequent contributions and brings the story up to date. It draws out the implications of sterling's troubled 20th century history for the country's decision of whether to adopt the euro.

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