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Catherine R. Schenk 作者

Cambridge University Press

译者

2010-5-27 出版日期

464 页数

GBP 93.00 价格

Hardcover

丛书系列

9780521876971 图书编码

The Decline of Sterling 在线电子书图书标签: 金融货币经济史国际政治经济学

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发表于2024-07-05

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The Decline of Sterling 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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The Decline of Sterling 在线电子书图书描述

The demise of sterling as an international currency was widely predicted after 1945, but the process took thirty years to complete. Why was this demise so prolonged? Traditional explanations emphasize British efforts to prolong sterling's role because it increased the capacity to borrow, enhanced prestige, or supported London as a centre for international finance. This 2010 book challenges this view by arguing that sterling's international role was prolonged by the weakness of the international monetary system and by collective global interest in its continuation. Using the archives of Britain's partners in Europe, the USA and the Commonwealth, Catherine Schenk shows how the UK was able to convince other governments that sterling's international role was critical for the stability of the international economy and thereby attract considerable support to manage its retreat. This revised view has important implications for current debates over the future of the US dollar as an international currency.

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