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

by Peter B. Kenen

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...

• Format: Hardcover
• Language: English
• ISBN: 0674082753
• ISBN13: 9780674082755
• Release Date: January 1960
• Publisher: Harvard University Press
• Length: 384 Pages
• Weight: 1.19 lbs.
• Dimensions: 1.0" x 5.9" x 8.6"