000 01595cam a2200277 4500
008 710323t1971 enkaaaaerbs 001 0 eng
020 _a0192149857
040 _aDLC
_cDLC
050 0 0 _aHG939.5
_b.S75
082 0 0 _a332.4'54
_bSTR
100 1 _aStrange, Susan,
245 1 0 _aSterling and British policy :
_ba political study of an international currency in decline /
260 _aLondon :
_aNew York :
_bOxford University Press ,
_cc1971.
300 _axvi, 363 p.: ill,
500 _aIssued under the auspices of the Royal Institute of International Affairs.
500 _aIncludes index
504 n _aBibliography: p. 351-356.
520 _aTHE 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.
590 _ausc 02/11/18
591 _aLoans
650 0 _aSterling area.
651 0 _aGreat Britain
710 2 _aRoyal Institute of International Affairs.
942 _2ddc
_cBOOK
949 _a332.4'54 STR
999 _c10732
_d10732