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| Titel: |
The sterling area and British policy alternatives in the 1950s |
| Auteur: |
Schenk, Catherine R. |
| Verschenen in: |
Contemporary British history |
| Paginering: | Jaargang 6 (1992) nr. 2 pagina's 266-286 |
| Jaar: |
1992 |
| Inhoud: |
British external economic policy came under considerable criticism in the 1950s, especially with respect to the perceived burdens of the sterling area system. This paper attempts to assess the most realistic categories of alternative policies which were discussed at the time. These alternatives fall into three general categories; winding up the sterling area, reinforcing the sterling area into a more discriminatory bloc, modifying existing payments arrangements by introducing convertibility with a flexible exchange rate. Using evidence on the reaction of the rest of the sterling area, Europe and America the author rejects these alternatives as impracticable and concludes that the chosen path of a gradual administrative approach to freer trade and payments was preferable to the alternatives. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 11 van 13 gevonden artikelen
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