- Hardcover: 252 pages
- Publisher: I.B.Tauris (25 Feb 2005)
- Language English
- ISBN-10: 1850437254
- ISBN-13: 978-1850437253
- Product Dimensions: 20.4 x 13 x 2.5 cm
- Amazon Bestsellers Rank: 1,581,470 in Books (See Top 100 in Books)
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Review
TLS, 29th April 2005. Review by Mark Garnett: "The most commendable feature of this book is Hickson's attempt to explain the interaction between ideas, personalities and events".
Product Description
The 1976 IMF crisis was a seminal event in modern British political and economic history. The seeds of the crisis were sown by the huge OPEC oil price shocks of 1972-3 leading to the potential meltdown of Britain's already weakened economy and seemingly confirming Britain's headlong decline as a major political and economic power. The government was seen as going 'cap in hand' to the International Monetary Fund (IMF) to head off disaster - an image which became a long-lasting political icon. Kevin Hickson has mined vital original source material, including interviews with leading players, to probe government economic thought and practice. He questions much received wisdom, especially that the crisis caused a basic shift to monetarist orthodoxy and right-wing economic liberalism - commonly known as 'Thatcherism' - and embraced by successive governments including New Labour.
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First Sentence
The 1976 IMF Crisis remains one of those particularly rare occurrences in British economic policy, a dramatic series of events which captured public attention. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
The 1976 IMF Crisis remains one of those particularly rare occurrences in British economic policy, a dramatic series of events which captured public attention. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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