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Author: Kathleen Burk Publisher: 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.
Author: Kathleen Burk Publisher: 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.
Author: Denis MacShane Publisher: Bloomsbury Publishing ISBN: 1838607846 Category : Political Science Languages : en Pages : 289
Book Description
Never in the lifetime of most British adults has there been such uncertainty about the future of the political and governing institutions of the state. Brexit has the potential to change everything – from the shape of government institutions, to the main political parties, from Britain's relationship with its near neighbour Ireland to its international trading. The idealists of the Leave campaign won their vote in 2016. But now the realists are gently taking over. Here, Denis MacShane explains how the Brexit process will be long and full of difficulties – arguing that a 'Brexiternity' of negotiations and internal political wrangling in Britain lies ahead.
Author: Michael Howard Publisher: OUP Oxford ISBN: 0191570850 Category : History Languages : en Pages : 186
Book Description
First published over thirty years ago, War in European History is a brilliantly written survey of the changing ways that war has been waged in Europe, from the Norse invasions to the present day. Far more than a simple military history, the book serves as a succinct and enlightening overview of the development of European society as a whole over the last millennium. From the Norsemen and the world of the medieval knights, through to the industrialized mass warfare of the twentieth century, Michael Howard illuminates the way in which warfare has shaped the history of the Continent, its effect on social and political institutions, and the ways in which technological and social change have in turn shaped the way in which wars are fought. This new edition includes a fully updated further reading and a new final chapter bringing the story into the twenty-first century, including the invasion of Iraq and the so-called 'War against Terror'.
Author: John H. Langbein Publisher: University of Chicago Press ISBN: 0226922618 Category : History Languages : en Pages : 246
Book Description
In Torture and the Law of Proof John H. Langbein explores the world of the thumbscrew and the rack, engines of torture authorized for investigating crime in European legal systems from medieval times until well into the eighteenth century. Drawing on juristic literature and legal records, Langbein's book, first published in 1977, remains the definitive account of how European legal systems became dependent on the use of torture in their routine criminal procedures, and how they eventually worked themselves free of it. The book has recently taken on an eerie relevance as a consequence of controversial American and British interrogation practices in the Iraq and Afghanistan wars. In a new introduction, Langbein contrasts the "new" law of torture with the older European law and offers some pointed lessons about the difficulty of reconciling coercion with accurate investigation. Embellished with fascinating illustrations of torture devices taken from an eighteenth-century criminal code, this crisply written account will engage all those interested in torture's remarkable grip on European legal history.
Author: Mathias Haeussler Publisher: Cambridge University Press ISBN: 9781108710800 Category : History Languages : en Pages : 265
Book Description
The former West German chancellor Helmut Schmidt grew up as a devout Anglophile, yet he clashed heavily and repeatedly with his British counterparts Wilson, Callaghan, and Thatcher during his time in office. Helmut Schmidt and British-German Relations looks at Schmidt's personal experience to explore how and why Britain and Germany rarely saw eye to eye over European integration, uncovering the two countries' deeply competing visions and incompatible strategies for post-war Europe. But it also zooms out to reveal the remarkable extent of simultaneous British-German cooperation in fostering joint European interests on the wider international stage, not least within the transatlantic alliance against the background of a worsening superpower relationship. By connecting these two key areas of bilateral cooperation, Mathias Haeussler offers a major reinterpretation of the bilateral relationship under Schmidt, relevant to anybody interested in British-German relations, European integration, and the Cold War.
Author: N. Piers Ludlow Publisher: Springer ISBN: 1137515309 Category : History Languages : en Pages : 282
Book Description
Roy Jenkins brought great talent to Europe’s top job. He played a key role in re-launching European monetary integration, winning the right to attend the new global summits, and smoothing Greece’s path to EC membership. But he fell short of other targets. Commission reform remained elusive, as did an improvement of the UK’s troubled relationship with the EC. Indeed the row over Britain’s contribution to the EC budget, meant that Britain’s position in Europe was as difficult when he left Brussels as it had been when he arrived. This study will look at how Jenkins approached his role, identifying his priorities, examining his working methods, and exploring his rapport with the European and international statesmen with whom he had to work. In the process, the book will shed light on the nature of the job, on Jenkins’ own talents and limitations, and on the European Community as it struggled with the global economic crisis of the 1970s.
Author: Paul Kennedy Publisher: Penguin UK ISBN: 0141983833 Category : History Languages : en Pages : 592
Book Description
Paul Kennedy's classic naval history, now updated with a new introduction by the author This acclaimed book traces Britain's rise and fall as a sea power from the Tudors to the present day. Challenging the traditional view that the British are natural 'sons of the waves', he suggests instead that the country's fortunes as a significant maritime force have always been bound up with its economic growth. In doing so, he contributes significantly to the centuries-long debate between 'continental' and 'maritime' schools of strategy over Britain's policy in times of war. Setting British naval history within a framework of national, international, economic, political and strategic considerations, he offers a fresh approach to one of the central questions in British history. A new introduction extends his analysis into the twenty-first century and reflects on current American and Chinese ambitions for naval mastery. 'Excellent and stimulating' Correlli Barnett 'The first scholar to have set the sweep of British Naval history against the background of economic history' Michael Howard, Sunday Times 'By far the best study that has ever been done on the subject ... a sparkling and apt quotation on practically every page' Daniel A. Baugh, International History Review 'The best single-volume study of Britain and her naval past now available to us' Jon Sumida, Journal of Modern History
Author: Guido Alfani Publisher: Cambridge University Press ISBN: 1107179939 Category : History Languages : en Pages : 339
Book Description
The first systematic study of famine in all parts of Europe from the Middle Ages to present. It compares the characteristics, consequences and causes of famine in regional case studies by leading experts to form a comprehensive picture of when and why food security across the continent became a critical issue.
Author: Gill Bennett Publisher: Routledge ISBN: 113527293X Category : History Languages : en Pages : 628
Book Description
Drawing on records of the Foreign and Commonwealth Office, this work focuses on Britain's role in the Mutual and Balanced Force Reductions in Vienna, and British policy towards the Soviet Union and its satellites. British reactions to detente between the superpowers are charted.
Author: Kathleen Burk
Author: Kathleen Burk
Author: Denis MacShane
Author: Michael Howard
Author: John H. Langbein
Author: Mathias Haeussler
Author: N. Piers Ludlow
Author: Jan de Vries
Author: Paul Kennedy
Author: Guido Alfani
Author: Gill Bennett