登入選單
返回Google圖書搜尋
British Monetary Policy and the Balance of Payments, 1951-1957
Peter B. Kenen
出版Harvard University Press, 1960
主題Business & Economics / GeneralBusiness & Economics / Economic HistoryBusiness & Economics / Foreign ExchangeBusiness & Economics / Money & Monetary PolicyBusiness & Economics / Economics / GeneralBusiness & Economics / International / Economics & TradeHistory / Europe / Great Britain / General
ISBN06740827539780674082755
URLhttp://books.google.com.hk/books?id=DLRisEJ9rtoC&hl=&source=gbs_api
EBookSAMPLE
註釋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 disequilibrium, and that its most effective weapons were its most heterodox. Finally, he proposes ways in which the Bank of England can better control the credit base.