Author: Kiyoshi Hirowatari
Publisher: Springer
ISBN: 1137491426
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
The collapse of the Bretton Woods system in the early 1970s resulted in a transition to fluctuating rather than fixed currency system. This brought sterling into the turmoil of the world currency markets, and by the end of the 1970s, sterling had quietly ended its role as an international currency. Sterling-dollar diplomacy collapsed, bringing to an end what had hitherto been considered Britain's prime relationship. Britain and European Monetary Cooperation, 1964-1979 provides a unique perspective on these events, shedding light on the complexities of the historical context of British monetary diplomacy and exploring the country's attempt at a European approach to sterling in the 1960s and '70s. The book describes the political and economic approach Britain took at the turn of the 1970s, and explains how the country became restricted by the burden of the sterling balances. In this book, the author illustrates how these developments offered opportunity for both cooperation and conflict in the light of monetary diplomacy. He demonstrates how Britain's struggle to achieve exchange rate stability, twinned with controversy over European Economic Community membership, finally prompted serious reconsideration of economic policy-making. This book challenges the commonly-held perception of the decline of sterling, and explains that, although Britain's attempt at a European approach failed, the decline of the currency was more complicated than a 'managed decline'.
Author: Kiyoshi Hirowatari
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Matthew Broad
Publisher: Liverpool University Press
ISBN: 178694829X
Category : Business & Economics
Languages : en
Pages : 300
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Book Description
Explores how the European policies of the British Labour Party and Danish Social Democrats evolved between 1958 and enlargement of the European Economic Community (EEC) in 1973, comparing how they each responded to the integration process at key moments and, more innovatively, highlights the impact of informal contacts between them.
Author: Lindsay Aqui
Publisher: Manchester University Press
ISBN: 1526145219
Category : Political Science
Languages : en
Pages : 239
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Book Description
Although the United Kingdom’s entry to the European Community (EC) in 1973 was initially celebrated, by the end of the first year the mood in the UK had changed from ‘hope to uncertainty’. When Edward Heath lost the 1974 General Election, Harold Wilson returned to No. 10 promising a fundamental renegotiation and referendum on EC membership. By the end of the first year of membership, 67% of voters had said ‘yes’ to Europe in the UK’s first-ever national referendum. Examining the relationship between diplomacy and domestic debate, this book explores the continuities between the European policies pursued by Heath and Wilson in this period. Despite the majority vote in favour of maintaining membership, Lindsay Aqui argues that this majority was underpinned by a degree of uncertainty and that ultimately, neither Heath nor Wilson managed to transform the UK’s relationship with the EC in the ways they had hoped possible.
Author: Mathieu Segers
Publisher: Cambridge University Press
ISBN: 1108804705
Category : History
Languages : en
Pages : 843
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Book Description
Volume II considers the history of the European Union from an inside-out perspective, focusing on the internal developments that shaped the European integration process. Taking an innovative, thematic approach, this volume will be of interest to students and researchers of European integration.
Author: Roman Zaoral
Publisher: Springer
ISBN: 1137460237
Category : Business & Economics
Languages : en
Pages : 447
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Book Description
The wealth of the Central European archives, particularly in urban records, has not been fully realised by Western European historians. However, the records are not always straightforward to use and many studies tackle the methodological problems inherent in gathering and analysing medieval sources. This book presents an original review of past and present research of national historiographies on medieval financial history from Central Europe. Covering material ranging from the thirteenth to the sixteenth centuries, it explores the eastern regions of the Holy Roman Empire, including Bohemia, Silesia, Austria and Germany, and extending to Poland and Hungary. The authors firstly discuss the monetary policy of the Holy Roman emperors during the Middle Ages, before moving on to wider aspects of state finance, including credit mechanisms used by rulers. The book then investigates civic records and what they reveal about urban life and trade. It lastly investigates the financial activities of the church, from papacy to the cathedral chapters in Prague. Using numismatic and documentary evidence, Money and Finance in Central Europe during the Later Middle Ages provides an invaluable point of comparison with the financial conditions in Western Europe during the Middle Ages.
Author: Helen Thompson
Publisher: Oxford University Press
ISBN: 0192634216
Category : Political Science
Languages : en
Pages : 320
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Book Description
Getting to grips with the overlapping geopolitical, economic, and political crises faced by Western democratic societies in the 2020s. The 21st century has brought a powerful tide of geopolitical, economic, and democratic shocks. Their fallout has led central banks to create over $25 trillion of new money, brought about a new age of geopolitical competition, destabilised the Middle East, ruptured the European Union, and exposed old political fault lines in the United States. Disorder: Hard Times in the 21st Century is a long history of this present political moment. It recounts three histories - one about geopolitics, one about the world economy, and one about western democracies - and explains how in the years of political disorder prior to the pandemic the disruption in each became one big story. It shows how much of this turbulence originated in problems generated by fossil-fuel energies, and it explains why as the green transition takes place the long-standing predicaments energy invariably shapes will remain in place.
Author: Annette Bongardt
Publisher: Edward Elgar Publishing
ISBN: 1788977971
Category : Political Science
Languages : en
Pages : 237
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Book Description
This interdisciplinary book examines Brexit from a political economy perspective, enriched by insights from scholars of political science, history and law. Shedding light on the key motivations for Brexit, this incisive book seeks to better understand what shapes the UK’s political and economic preferences and the fundamental causes and issues that have moulded its stance on the EU.
Author: Ali Co?kun Tunçer
Publisher: Springer
ISBN: 1137378549
Category : Business & Economics
Languages : en
Pages : 426
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Book Description
This book revisits an important chapter of financial history in the Middle East and the Balkans from 1870 1914. During this period, capital flows in the form of sovereign debt increased rapidly throughout the region. The spiral of heavy government borrowing eventually culminated in defaults on foreign obligations in the Ottoman Empire (1875), Egypt (1876), Greece (1893) and Serbia (1895). In all four cases, introducing international financial control over the finances of the debtor states became the prevalent form of dealing with defaults. The different cases of international financial control became increasingly refined and they marked important milestones in the evolution of the global governance of sovereign debt before 1914. For the defaulting states however, the immediate impact of international financial control was infringement of sovereignty. The extent of international financial control and the borrowing capacity of debtor states varied in each case as well as the degree of resistance towards it. This book documents the characteristics of international financial control in a comparative perspective. It relates sovereign debt, default and international financial control to political and fiscal systems, and raises questions about the tension between national sovereignty and global capital. It sheds light on the impact of international financial control on the long-term credibility and fiscal capacity of the debtor states in question. The author demonstrates that the governments' decisions to borrow internationally, and their attitudes towards international financial control, were heavily influenced by domestic political and fiscal factors.
Author: Sophus Reinert
Publisher: Springer
ISBN: 1137539968
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
In this book some of the world's leading economists and experts on Serra explore the enduring appeal of his 1613 Breve trattato.
