The Sterling area and economic disintegration

Schenk, C.R. (2013) The Sterling area and economic disintegration. Geschichte und Gesellschaft, 39(2), pp. 177-196.

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While the sterling area was not strictly an example of monetary integration, it did provide a sustained framework for international monetary relations among a diverse group of large and small, high and low income per capita economies for almost thirty years from1945 to 1972. That it persisted for so long through the transformation of the international monetary system is remarkable. This article establishes a periodisation for the analysis of the sterling area and identifies the changing distribution of benefits among members. It also attributes the system’s longevity to the multilateral external cooperation that supported it during the disintegration of the BrettonWoods exchange rate system.

Item Type:Articles
Glasgow Author(s) Enlighten ID:Schenk, Professor Catherine
Authors: Schenk, C.R.
College/School:College of Social Sciences > School of Social and Political Sciences > Economic and Social History
Journal Name:Geschichte und Gesellschaft
Publisher:Vandenhoeck and Ruprecht
Copyright Holders:Copyright © 2013 Vandenhoeck and Ruprecht
First Published:First published in Geschichte und Gesellschaft 39(2):177-196
Publisher Policy:Reproduced with the permission of the publisher

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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
524121The development of international financial regulation and supervision 1961-1982Catherine SchenkEconomic & Social Research Council (ESRC)ES/H026029/1SPS - ECONOMIC & SOCIAL HISTORY