Format:
316 S.
Edition:
Online-Ausg.
ISBN:
9781137032317
Content:
A personal memoir from Christopher Dow, an influential British economist and a key player in the banking establishments of the post-war era. Contains insights and revelations into the issues and protagonists shaping British economic policy in the late 20th Century.
Content:
A personal memoir from Christopher Dow, an influential British economist and a key player in the banking establishments of the post-war era. Contains insights and revelations into the issues and protagonists shaping British economic policy in the late 20th Century
Note:
Description based upon print version of record
,
Cover; Contents; Foreword; Figures and Table; Editors' Introduction; Who was Christopher Dow?; The Bank when Dow joined; The UK economy in the 1970s; The economy after 1979; monetarism and its consequences; Dow's contribution to the policy debate; Relevance to present-day policy issues; Dow's contribution to modernizing the Bank; Concluding matters; Acknowledgements; Statistical Annex; 1 The Crisis Year 1976: Events to the Autumn, with a Brief Retrospect Back to 1973; My first three years at the Bank; Exchange rate policy; Events of March to early September 1976; Supporting the pound
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Bank-Treasury relationsThe sterling crisis deepens; 2 Autumn 1976 to Summer 1977; September to December 1976; Negotiations leading to the IMF agreement; The three months to Easter 1977; A stronger pound; Relations with the Bank's department heads and the Governor; Easter to August 1977; A new phase of incomes policy; Changes at the Treasury; A visit to the United States; Old and new policy dilemmas; A more powerful Bank?; 3 Autumn 1977 to Summer 1978; Uncapping the exchange rate; 'Practical monetarism' in the Bank; From an expansionary Budget to contractionary measures
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A call to reconsider methods of monetary controlThoughts on independence, and personalities and aspirations at the top of the Bank; Bank-Treasury relations and the seignorage issue; Beginnings of change at the Bank, and auguries for the future; Social life, and some observations on the Governor; The Iron Lady; 4 Autumn 1978 to Summer 1979; Formation of the European Monetary System; The 'winter of discontent'; Attitudes and conflicts at the top of the Bank, and preparations for reorganization; Adjusting to the change of government; Impending recession, and policy dilemmas
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5 Autumn 1979 to Summer 1980Growing worries about the economy; Reorganization of the Bank; As recession hits, a different style of government; Violent incidents reflect rising social tensions; 6 Autumn 1980 to Summer 1981; Recession deepens, though monetary growth exceeds targets; Mrs Thatcher attacks the Bank; Other participants in the policy debate; Further tightening in the 1981 Budget; The battle over monetary base control; Bank-Treasury relations; Policy drifts and lacks substance; 7 Autumn 1981 to Summer 1982; The economy in 1981-82: bumping along the bottom
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The Prime Minister dictates policyThe Falklands war; The overfunding debate; Changes in the Bank's senior staff; Looking to the future of the Bank, and of policy; 8 Autumn 1982 to Summer 1983; A year of marking time, in the economy and personally; The Latin American debt crisis; Mrs Thatcher's ambivalence on monetary policy; Announcement of the new Governor, and other changes; Governor Richardson retires; Thinking about my retirement; Appendix: Main Problems Ahead for Economic Policy; 9 Conclusion: Summer 1984; Notes; Notes on Names; Calendar of Main Developments; Index;
Additional Edition:
Erscheint auch als Druck-Ausgabe Inside the Bank of England : Memoirs of Christopher Dow, Chief Economist 1973-84
Language:
English
DOI:
10.1057/9781137032317
URL:
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