The British Labour Government And The 1976 Imf Crisis
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The British Labour Government And The 1976 Imf Crisis
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Author : M. Harmon
language : en
Publisher: Springer
Release Date : 1997-11-05
The British Labour Government And The 1976 Imf Crisis written by M. Harmon and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-11-05 with Political Science categories.
The British Labour Government and the 1976 IMF Crisis examines the external pressures vis-à -vis British economic policy that culminated in the 1976 UK-IMF crisis. The postwar development of IMF loan conditionality is reviewed as well as the growing incompatibility after 1974 between the Government's domestic political imperatives and Britain's external economic constraints that led to the crisis. More generally, the case study demonstrates the coercive and constraining nature of 'international cooperation' in contemporary international relations.
The British Labour Government And The 1976 Imf Crisis
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Author : Mark D. Harmon
language : en
Publisher: Palgrave Macmillan
Release Date : 1997
The British Labour Government And The 1976 Imf Crisis written by Mark D. Harmon and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
This book examines the external pressures vis-a-vis British economic policy that culminated in the 1976 UK-IMF crisis. The postwar development of IMF loan conditionality, is reviewed as well as the growing incompatibility after 1974 between the government's domestic and political imperatives and Britain's external economic constraints that led to the crisis. More generally, the case study demonstrates the coercive and constraining nature of international cooperation in contemporary international relations.
Good Bye Great Britain
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Author : Kathleen Burk
language : en
Publisher: Yale University Press
Release Date : 1992-01-01
Good Bye Great Britain written by Kathleen Burk and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-01-01 with Business & Economics categories.
In this authoritative and gripping book--the first full account of the 1976 International Monetary Fund crisis--Kathleen Burk and Alec Cairncross peel back the surface of the most searing economic crisis of postwar Britain to reveal its historical roots and contemporary context. During the spring of 1976, the plummeting value of the British pound against the U.S. dollar triggered a traumatic economic and political crisis. International confidence in the pound collapsed; an article in the Wall Street Journal, headlined "Good-bye, Great Britain," urged investors to get out of sterling. Refused aid by the London and New York markets, the Labour Government under Prime Minister James Callaghan was forced to turn for help to the IMF--a highly unusual move for a developed Western economy. Fearing that the economic crisis would drive Britain into a left-wing siege economy which would endanger NATO and the EEC, the United States and Germany used the IMF loan as a means to force Britain to make major domestic policy changes; when the IMF mission arrived in London in November 1976, it was announced that the price for the loan included deep cuts in domestic spending. Burk and Cairncross uncover the maneuvers of the Labour Government to evade IMF conditions. They also examine underlying economic factors, the political agenda, the rise of monetarist ideas, and the Keynesian response. Juxtaposing narrative with analysis, they provide surprising answers to critical questions and reveal how the breakdown of the post-war consensus on the macroeconomic management paved the way for the triumph of Thatcherism.
The Imf Crisis Of 1976 And British Politics
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Author : Kevin Hickson
language : en
Publisher: Bloomsbury Publishing
Release Date : 2005-02-25
The Imf Crisis Of 1976 And British Politics written by Kevin Hickson and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-02-25 with Political Science categories.
The 1976 IMF crisis was a seminal event in modern British political and economic history. The seeds of the crisis were sown by the huge OPEC oil price shocks of 1972-3 leading to the potential meltdown of Britain's already weakened economy and seemingly confirming Britain's headlong decline as a major political and economic power. The government was seen as going 'cap in hand' to the International Monetary Fund (IMF) to head off disaster - an image which became a long-lasting political icon. Kevin Hickson has mined vital original source material, including interviews with leading players, to probe government economic thought and practice. He questions much received wisdom, especially that the crisis caused a basic shift to monetarist orthodoxy and right-wing economic liberalism - commonly known as 'Thatcherism' - and embraced by successive governments including New Labour.
A Hard Pounding
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Author : Edmund Dell
language : en
Publisher: Oxford University Press, USA
Release Date : 1991
A Hard Pounding written by Edmund Dell and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
This book offers a penetrating insider account of the policy issues involved in managing Britain's economy from 1974 to the crisis of 1976. Throughout these years the author served as Deputy to the Chancellor of the Exchequer, and then Secretary of State. The book contains entirely new primary material--much of it based on the diaries Dell kept at the time--and covers years which were pivotal in post-war history in general, and for Labor in particular.
Decline To Fall
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Author : Douglas Wass
language : en
Publisher: OUP Oxford
Release Date : 2008-03-13
Decline To Fall written by Douglas Wass and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-03-13 with Business & Economics categories.
This book provides the first comprehensive and authoritative account of the events leading up to the UK seeking a massive loan from the IMF in 1976 which almost precipitated a financial crisis on a par with those of the 1930's and early post war period. Sir Douglas Wass, who was permanent Secretary to the Treasury at the time, provides a unique first hand account of the events that took place as the crisis unfolded and the decision-making process. Bringing unrivalled experience and knowledge of Whitehall to the narrative, he draws on recently released documents such as official Treasury minutes, memoranda, official statements and reports, IMF documents and blends them with his own assessment of this key period of policy making to provide a fascinating, blow-by-blow account of how the Treasury reacted when faced with a series of inter-locking crises. Decline to Fall will be a must read for anyone interested in the formulation of policy and the workings of government.
Crisis In Britain
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Author : Robert Alexander Brady
language : en
Publisher:
Release Date : 1950
Crisis In Britain written by Robert Alexander Brady and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1950 with Government ownership categories.
New Labour Old Labour
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Author : Kevin Hickson
language : en
Publisher: Routledge
Release Date : 2004-07-31
New Labour Old Labour written by Kevin Hickson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-07-31 with Education categories.
This book, written by a distinguished selection of academics and commentators, provides the most detailed comparison yet of old and new Labour in power.
The Media And Financial Crises
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Author : Steve Schifferes
language : en
Publisher: Routledge
Release Date : 2014-08-27
The Media And Financial Crises written by Steve Schifferes and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-27 with Social Science categories.
The Media and Financial Crises provides unique insights into the debate on the role of the media in the global financial crisis. Coverage is inter-disciplinary, with contributions from media studies, political economy and journalists themselves. It features a wide range of countries, including the USA, UK, Ireland, Greece, Spain and Australia, and a completely new history of financial crises in the British press over 150 years. Editors Steve Schifferes and Richard Roberts have assembled an expert set of contributors, including Joseph E Stiglitz and Lionel Barber, editor of the Financial Times. The role of the media has been central in shaping our response to the financial crisis. Examining its performance in comparative and historical perspectives is crucial to ensuring that the media does a better job next time. The book has five distinct parts: The Banking Crisis and the Media The Euro-Crisis and the Media Challenges for the Media The Lessons of History Media Messengers Under Interrogation The Media and Financial Crises offers broad and coherent coverage, making it ideal for both students and scholars of financial journalism, journalism studies, media studies, and media and economic history.
New Labour Old Labour
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Author : Anthony Seldon
language : en
Publisher: Psychology Press
Release Date : 2004
New Labour Old Labour written by Anthony Seldon and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Biography & Autobiography categories.
This book, written by a distinguished selection of academics and commentators, provides the most detailed comparison yet of old and new Labour in power. I