國立高雄大學圖資館 |

Language: English

Back

UK monetary policy from devaluation to Thatcher, 1967-1982 /

Record Type:	Electronic resources : Monograph/item
Title/Author:	UK monetary policy from devaluation to Thatcher, 1967-1982 /Duncan Needham.
Author:	Needham, Duncan,
Description:	1 online resource.
Subject:	1900 - 1999
Subject:	Fiscal policyHistory20th century.Great Britain
Subject:	Great BritainEconomic policy1979-1997.
Online resource:	https://link.springer.com/book/10.1057/9781137369543
ISBN:	113736954X (electronic bk.)

UK monetary policy from devaluation to Thatcher, 1967-1982 /
Needham, Duncan,

UK monetary policy from devaluation to Thatcher, 1967-1982 /Duncan Needham. - 1 online resource. - Palgrave studies in the history of finance. - Palgrave studies in the history of finance..

Includes bibliographical references.

From devaluation to competition and credit control, 1967-71 -- Competition and credit control, 1971-73 -- The PSBR takes over, 1974-76 -- Too many targets, 1977-79 -- The lady is for turning.

UK Monetary Policy from Devaluation to Thatcher, 1967-1982 charts the course of monetary policy in the UK from the 1960s to the early 1980s. It shows how events such as the 1967 sterling devaluation, the collapse of Bretton Woods, the stagflation of the 1970s and the International Monetary Fund loan of 1976 all shaped policy. It challenges the existing historiography by showing the Bank of England and the UK Treasury experimenting with money supply 'targets' nearly a decade before the Thatcher government placed monetarism at the heart of economic policy. By misreading the monetary history of the 1970s, the Thatcher government subjected the UK economy to a recession of unnecessary depth and severity that required the monetary policy U-turn of the 1981 budget, the most controversial in post-war British history. Fiscal policy was tightened ��to the bewilderment of much of the economics profession; monetary policy was loosened -- to the relief of British business. This rebalancing allowed personal consumption, through increased household debt, to become the engine of growth in the 1980s. This failure to heed the lessons of 1970s monetary policy, and the subsequent increase in personal debt, has had profound long-term consequences for the shape of the British economy.

ISBN: 113736954X (electronic bk.)

Source: 704124Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Personal Names:

475757
Thatcher, Margaret.
Subjects--Chronological Terms:

1900 - 1999
Subjects--Topical Terms:

529039
Fiscal policy
--History--Great Britain--20th century.Subjects--Geographical Terms:

381151
Great Britain
--Economic policy--1979-1997.Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HG939.5 / .N44 2014

Dewey Class. No.: 339.5/3094109047

UK monetary policy from devaluation to Thatcher, 1967-1982 /
LDR:02907cmm a2200373Ki 4500 001 439145
003 OCoLC
005 20140910115824.0
006 m o d
007 cr cnu---unuuu
008 150123s2014 enk ob 000 0 eng d
020 $a 113736954X (electronic bk.)
020 $a 9781137369543 (electronic bk.)
035 $a (OCoLC)880895492
035 $a ocn880895492
037 $a 704124 $b Palgrave Macmillan $n http://www.palgraveconnect.com
040 $a UKPGM $b eng $e rda $e pn $c UKPGM $d OCLCO $d OCLCF
043 $a e-uk---
049 $a TEFA
050 4 $a HG939.5 $b .N44 2014
082 0 4 $a 339.5/3094109047 $2 23
100 1 $a Needham, Duncan, $e author. $3 688730
245 1 0 $a UK monetary policy from devaluation to Thatcher, 1967-1982 / $c Duncan Needham.
264 1 $a Houndmills, Basingstoke, Hampshire ; $a New York, NY : $b Palgrave Macmillan, $c 2014.
300 $a 1 online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
490 1 $a Palgrave studies in the history of finance
504 $a Includes bibliographical references.
505 0 $a From devaluation to competition and credit control, 1967-71 -- Competition and credit control, 1971-73 -- The PSBR takes over, 1974-76 -- Too many targets, 1977-79 -- The lady is for turning.
520 $a UK Monetary Policy from Devaluation to Thatcher, 1967-1982 charts the course of monetary policy in the UK from the 1960s to the early 1980s. It shows how events such as the 1967 sterling devaluation, the collapse of Bretton Woods, the stagflation of the 1970s and the International Monetary Fund loan of 1976 all shaped policy. It challenges the existing historiography by showing the Bank of England and the UK Treasury experimenting with money supply 'targets' nearly a decade before the Thatcher government placed monetarism at the heart of economic policy. By misreading the monetary history of the 1970s, the Thatcher government subjected the UK economy to a recession of unnecessary depth and severity that required the monetary policy U-turn of the 1981 budget, the most controversial in post-war British history. Fiscal policy was tightened ��to the bewilderment of much of the economics profession; monetary policy was loosened -- to the relief of British business. This rebalancing allowed personal consumption, through increased household debt, to become the engine of growth in the 1980s. This failure to heed the lessons of 1970s monetary policy, and the subsequent increase in personal debt, has had profound long-term consequences for the shape of the British economy.
588 $a Description based on print version record.
600 1 0 $a Thatcher, Margaret. $3 475757
648 7 $a 1900 - 1999 $2 fast
650 0 $a Fiscal policy $z Great Britain $x History $y 20th century. $3 529039
650 0 $a Monetary policy $z Great Britain $x History $y 20th century. $3 528998
650 7 $a Economic policy. $3 182878
650 7 $a Fiscal policy. $3 183985
650 7 $a Monetary policy. $3 182879
651 0 $a Great Britain $x Economic policy $y 1979-1997. $3 381151
651 7 $a Great Britain. $3 287994
655 7 $a Electronic books. $2 local. $3 214472
655 7 $a History. $2 fast $3 685445
710 2 $a Palgrave Connect (Online service) $3 459825
776 0 8 $i Print version: $a Needham, Duncan. $t UK monetary policy from devaluation to Thatcher, 1967-1982 $z 9781137369536 $w (DLC) 2014016875 $w (OCoLC)873725529
830 0 $a Palgrave studies in the history of finance. $3 685927
856 4 0 $3 Palgrave Connect $u https://link.springer.com/book/10.1057/9781137369543