Peter Burnham presents a detailed, archive-based account of the keys aspects of international monetary relations in the 1950s focusing in particular on Anglo-American policy surrounding the restoration of sterling convertibility. He argues that in 1952 the British government had a unique opportunity to take an almost revolutionary step in the external field to transform the international political economy (through the abolition of the fixed rate system, the International Monetary Fund, and the European Payments Union) and restructure Britain's domestic economy to tackle longstanding productivity, export and labour market problems.

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Authors and Affiliations

University of Warwick, England

Peter Burnham

About the author

PETER BURNHAM is Reader in Politics and International Studies at the University of Warwick. He teaches in the areas of British politics and international political economy. Previous publications include The Political Economy of Postwar Reconstruction.

Bibliographic Information

Book Title: Remaking the Postwar World Economy
Book Subtitle: Robot and British Policy in the 1950s
Authors: Peter Burnham
DOI: https://doi.org/10.1057/9780230375239
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Political & Intern. Studies Collection, Political Science and International Studies (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2003
Hardcover ISBN: 978-0-333-55725-9Published: 02 September 2003
eBook ISBN: 978-0-230-37523-9Published: 02 September 2003
Edition Number: 1
Number of Pages: VIII, 236
Topics: Economic History, International Relations, Modern History, International Political Economy, History of Britain and Ireland
Industry Sectors: Finance, Business & Banking

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Table of contents (9 chapters)

Front Matter

Back Matter

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