Goodbye, Great Britain: The 1976 IMF Crisis

by Alec Cairncross and Kathleen Burk

Book Overview

In March 1976 the value of the British pound began to slide. The slide turned into a rout and triggered an economic and political trauma. By September confidence in the pound had collapsed. In April 1975 the 'Wall Street Journal' had run the headline 'Goodbye, Great Britain', advising investors to get out of sterling. The British Labour government under its new Prime Minister James Callaghan was forced to seek help from the International Monetary...

• Format: Hardcover
• Language: English
• ISBN: 0300057288
• ISBN13: 9780300057287
• Release Date: March 1992
• Publisher: Yale University Press
• Length: 256 Pages
• Weight: 1.40 lbs.
• Dimensions: 1.1" x 6.3" x 9.5"