Since the first edition of this best-selling book was published, the world has not only experienced further exchange rate crises, but also a ten-year period in which the euro has out-performed many people’s expectations. Interest in exchange rates continues to fascinate scholars and in this...

This authoritative book analyses the recent problems associated with the UK’s monetary system and suggests a long-term solution to control bank lending in the future. It draws on extensive historical material, discussions with former senior officials and politicians, and the perceptive...

The devaluation of 1967 and the float of 1972 have become two of the key cornerstones in the analysis of sterling under the Bretton Woods system. Sterling's fortunes between 1968 and 1972 have not been so well documented. This article uncovers new evidence about the pound for this period,...