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Forrest Capie is Professor of Economic History at Cass Business School, City University, London, where he was Head of … the Department of Banking and Finance. After receiving a Ph.D. at the London School of Economics, he taught at the … London School of Economics and a Visiting Scholar at the International Monetary Fund. He is an Academician of the Academy of …
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The National Monetary Commission was deeply concerned with importing best practice. One important focus was the connection between the money market and international trade. It was said that Britain's lead in the market for "acceptances" originating in international trade was the basis of its...
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"The collapse of the Bretton Woods system in the early 1970s resulted in a transition to fluctuating rather than fixed currency system. This brought sterling into the turmoil of the world currency markets, and by the end of the 1970s, sterling had quietly ended its role as an international...
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