Decline to Fall: The Making of British Macro-economic Policy and the 1976 IMF Crisis by Douglas Wass | Hardcover | Barnes & Noble
Decline to Fall: The Making of British Macro-Economic Policy and the 1976 IMF Crisis

Decline to Fall: The Making of British Macro-Economic Policy and the 1976 IMF Crisis

by Douglas Wass
     
 

ISBN-10: 0199534748

ISBN-13: 9780199534746

Pub. Date: 05/15/2008

Publisher: Oxford University Press

This book provides the first comprehensive and authoritative account of the events leading up to the UK seeking a massive loan from the IMF in 1976 which almost precipitated a financial crisis on a par with those of the 1930's and early post War period. Sir Douglas Wass, who was permanent Secretary to the Treasury at the time, provides a unique first hand account

Overview

This book provides the first comprehensive and authoritative account of the events leading up to the UK seeking a massive loan from the IMF in 1976 which almost precipitated a financial crisis on a par with those of the 1930's and early post War period. Sir Douglas Wass, who was permanent Secretary to the Treasury at the time, provides a unique first hand account of the events that took place as the crisis unfolded and the decision-making process. Bringing unrivalled experience and knowledge of Whitehall to the narrative, he draws on recently released documents such as official Treasury minutes, memoranda, official statements and reports, IMF documents and blends them with his own assessment of this key period of policy making to provide a fascinating, blow-by-blow account of how the Treasury reacted when faced with a series of inter-locking crises. Decline to Fall will be a must read for anyone interested in the formulation of policy and the workings of government.

Product Details

ISBN-13:
9780199534746
Publisher:
Oxford University Press
Publication date:
05/15/2008
Pages:
448
Product dimensions:
6.30(w) x 9.30(h) x 1.20(d)

Table of Contents


Acknowledgements     viii
Preface     x
Glossary     xx
The Anatomy of Economic Policy Making in the 1970s: 'The Railway Timetables'     1
1974-Marking Time     35
1975-Policy Changes     90
1976 Part 1-The Markets Take Over     164
1976 Part 2-Resolving the Crisis     241
Some Conclusions     307
Sources and Bibliography     359
Index     369

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >