Author: Calcutta Port TrustPublisher:
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Annual Financial and Statistical Statements (up to 1976-77).
Author: Calcutta Port TrustStatistical Reference Index
Author: Monthly Catalog of United States Government Publications
Author: Checklist of State Publications
Author: Publisher:
ISBN:
Category : State government publications
Languages : en
Pages : 838
Book Description
Financial Statement and Revenue Estimates 1976-77
Author: UgandaState Energy Data Report
Author: Statistical Abstract of the United States
Author: Business Service Check List
Author: Resources in Education
Author: Publisher:
ISBN:
Category : Education
Languages : en
Pages : 1284
Book Description
Serves as an index to Eric reports [microform].
Good-bye, Great Britain
Author: Kathleen BurkPublisher: Yale University Press
ISBN: 0300057288
Category : Business & Economics
Languages : en
Pages : 298
Book Description
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.