TY - BOOK AU - Strange,Susan ED - Royal Institute of International Affairs. TI - Sterling and British policy: a political study of an international currency in decline SN - 0192149857 AV - HG939.5 .S75 U1 - 332.4'54 PY - 1971/// CY - London, New York PB - Oxford University Press KW - Sterling area KW - Great Britain N1 - Issued under the auspices of the Royal Institute of International Affairs; Includes index; Bibliography: p. 351-356 N2 - THE aim of this substantial work is to examine the problems arising from the international use of sterling, with special emphasis on political factors. A long introduction on the politics of international currencies is followed by an historical survey which traces the evolution of sterling: its conclusion is that by the end of the 1950s the dissolution of the traditional system was only a matter of time. Signs of disintegration are noted in the altered reserve role of sterling as member countries began to diversify their reserves while other aspects of the process were the attempts of the British overseas banks to adjust to the changed environment and new functions for London as an international financial centre ER -