The Bank of England High quality books
The Bank of England
By:Forrest Capie
Published on 2010-07-20 by Cambridge University Press
This history of the Bank of England takes its story from the 1950s to the end of the 1970s. This period probably saw the peak of the Bank's influence and prestige, as it dominated the financial landscape. One of the Bank's central functions was to manage the exchange rate. It was also responsible for administering all the controls that made up monetary policy. In the first part of the period, the Bank did all this with a remarkable degree of freedom. But economic policy was a failure, and sluggish output, banking instability and rampant inflation characterised the 1970s. The pegged exchange rate was discontinued, and the Bank's freedom of movement was severely constrained, as new approaches to policy were devised and implemented. The Bank lost much of its freedom of movement but also took on more formal supervision.
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Book which was published by Cambridge University Press since 2010-07-20 have ISBNs, ISBN 13 Code is 9781139490122 and ISBN 10 Code is 1139490125
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