Filtern nach
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 2 von 2.

  1. How does international monetary leadership end?
    the Sterling Area revisited
    Erschienen: April 2021
    Verlag:  Queen's University Centre for Economic History, Belfast

    How does international monetary leadership end? This paper examines the decline of the Sterling Area between 1945 and 1979 to understand the process of international economic disintegration. Using an original cross-national panel dataset, we conduct... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 456
    keine Fernleihe

     

    How does international monetary leadership end? This paper examines the decline of the Sterling Area between 1945 and 1979 to understand the process of international economic disintegration. Using an original cross-national panel dataset, we conduct survival analysis which systematically evaluates a comprehensive set of economic and political factors about when and why countries chose to leave the Sterling Area. We find that membership of the Sterling Area was determined by multidimensional aspects. Our results highlight the significance of international economic and geopolitical factors, such as trade and diplomatic alignment, on the decision to leave. However we also find that domestic political and historical factors, such as democracy and imperial legacy, played a role in the Sterling Area's unravelling. Finally, we use our results to examine the experience of individual countries and their decisions to leave the Sterling Area. Revisiting this history of a gradually dissolving economic order, played out in the shadow of Britain's waning imperial and economic power, has cautionary implications for the future of the US dollar order.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/233057
    Schriftenreihe: QUCEH working paper series ; 21, 02
    Schlagworte: The Sterling Area; international monetary regime; internationalcurrency; sterling; decline; disintegration
    Umfang: 1 Online-Ressource (circa 68 Seiten)
  2. Managed decline?
    muddling through with the sterling (dis)agreements, 1968-74
    Erschienen: September 2023
    Verlag:  Queen's University Centre for Economic History, Belfast

    How do policy makers manage the decline of an international currency? This paper examines British policy towards the pound sterling's international role in the years 1968-74. Using previously uncited government archival sources, we revisit the view... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 456
    keine Fernleihe

     

    How do policy makers manage the decline of an international currency? This paper examines British policy towards the pound sterling's international role in the years 1968-74. Using previously uncited government archival sources, we revisit the view that the 'sterling agreements' of 1968-74, bilateral contracts made between the UK and governments holding sterling, formed a successful paradigm shift in British policy, towards deliberately managing sterling's international 'retirement'. Our research indicates that there was no settled consensus or strategic direction to British policy in this period, a case of 'muddling through'. Indeed, when feasible options presented themselves, British officials sought to maximise, not reduce, international sterling holdings.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/276259
    Schriftenreihe: QUCEH working paper series ; 23, 09
    Schlagworte: Sterling Area Agreements; international currency; sterling policy; disintegration
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen