Koleksi Elektronik
The Sterling Area in the Postwar World: Internal Mechanism and Cohesion 1946-1952
This book discusses the value of Sterling Area in the world after the occurence of World War II. The book explains the Sterling Area in three parts: the Sterling Area system, operation of the system in the post-war period: disturbances and adjustment, and the system in transition. It contains 13 chapters describing the traditional meaning of Sterling Area membership: the Sterling exchange standard, changes in the intraarea network, changes in relationships with the non-sterling world, disturbances in the balance of payments and the automatic adjustment mechanism under an exchange standard, the role of commercial banks further considered, the mechanism in monetarily-dependent regions, central banking and the mechanism in monetarily-independent countries, the mechanism in the centre, the Sterling exchange standard as a chesive element in the Sterling Area system, trading ties of the Sterling Area in a changing world environment, the declining financial ties to London, the problem of develompment capital: The United Kingdom versus the United States, and the future of the Sterling Area.
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