British Monetary Policy and the Balance of Payments, 1951-1957

British Monetary Policy and the Balance of Payments, 1951-1957 PDF Author: Peter B. Kenen
Publisher: Harvard University Press
ISBN: 9780674082755
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
A detailed study of the revolution in Bank of England policy resulting from the government's response to the 1954-55 balance-of-payments crisis, this is a first independent analysis. The author investigates the evolution of official thinking and appraises the impact of monetary policy in this crucial period. Peter Kenen reaches the unexpected conclusion that the Bank's orthodox monetary policies played a relatively small part in the redress of payments disequilibrium, and that its most effective weapons were its most heterodox. Finally, he proposes ways in which the Bank of England can better control the credit base.

British Monetary Policy and the Balance of Payments, 1951-1957

British Monetary Policy and the Balance of Payments, 1951-1957 PDF Author: Peter B. Kenen
Publisher: Harvard University Press
ISBN: 9780674082755
Category : Business & Economics
Languages : en
Pages : 350

Get Book Here

Book Description
A detailed study of the revolution in Bank of England policy resulting from the government's response to the 1954-55 balance-of-payments crisis, this is a first independent analysis. The author investigates the evolution of official thinking and appraises the impact of monetary policy in this crucial period. Peter Kenen reaches the unexpected conclusion that the Bank's orthodox monetary policies played a relatively small part in the redress of payments disequilibrium, and that its most effective weapons were its most heterodox. Finally, he proposes ways in which the Bank of England can better control the credit base.

British Monetary Policy and the Policy the Balance of Payments, 1951-1957

British Monetary Policy and the Policy the Balance of Payments, 1951-1957 PDF Author: Peter B. Kenen
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages :

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Book Description


BRITISH MONETARY POLICY AND THE BALANCE OF PAYMENTS 1951-1957. BY PETER B. KENEN.

BRITISH MONETARY POLICY AND THE BALANCE OF PAYMENTS 1951-1957. BY PETER B. KENEN. PDF Author: Peter B. Kenen
Publisher:
ISBN:
Category :
Languages : en
Pages : 325

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Book Description


British Monetary Policy and the Balance of Payment

British Monetary Policy and the Balance of Payment PDF Author: Peter B. Kenen
Publisher:
ISBN:
Category :
Languages : en
Pages : 325

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Book Description


British monetary policy and the balance of payments, 1951-57

British monetary policy and the balance of payments, 1951-57 PDF Author: Peter B. Kenen
Publisher:
ISBN:
Category :
Languages : es
Pages : 325

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Book Description


British Monetary Polica and the Balance of Payments 1951-1957

British Monetary Polica and the Balance of Payments 1951-1957 PDF Author: Peter Bain Kenen
Publisher:
ISBN:
Category :
Languages : en
Pages : 325

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Book Description


British Monetary Policy and the Balance of Payments,1951-19574d Peter B.Kenen

British Monetary Policy and the Balance of Payments,1951-19574d Peter B.Kenen PDF Author: Peter Bain Kenen
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 325

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Book Description


British Monetary Policy and the Balance of Payments 1915-1957

British Monetary Policy and the Balance of Payments 1915-1957 PDF Author: Peter B. Kenen
Publisher:
ISBN:
Category :
Languages : en
Pages : 325

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Book Description


Monetary Policy and Financial Repression in Britain, 1951 - 59

Monetary Policy and Financial Repression in Britain, 1951 - 59 PDF Author: W. Allen
Publisher: Springer
ISBN: 1137383828
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
British monetary policy was reactivated in 1951 when short-term interest rates were increased for the first time in two decades. The book explores the politics of formulating monetary policy in the 1950s and the techniques of implementing it, and discusses the parallels between the present monetary situation and that of 1951.

British Monetary Policy, 1945-51

British Monetary Policy, 1945-51 PDF Author: Susan Howson
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
The first majority Labour government in Britain was pledged to maintain full employment, reform the financial system and nationalize major industries. It faced a massive balance-of-payments problem and a persistent threat of inflation. Using records of the Labour Party, the Treasury, the Bank of England and other participants in the discussions of the time, this study explains the reasons for Chancellor of the Exchequer Hugh Dalton's pursuit of cheaper money in 1945-7 and for the continuation of cheap money until the advent of a Conservative government in 1951. It also examines the consequences of Labour's monetary policies in terms of modern economic theory, as well as considering why Labour's financial reform was so limited.