Monetary Theory and the Radcliffe Report
The Report of the Radcliffe Committee is a document which covers a great variety of topics relating to the working of the British monetary system. The present structure of the London Capital Market, the external position of sterling, the relations between the Bank of England and the government, a wealth of highly significant financial statistics hitherto inaccessible — if it were only for its contribution in respect of any of these, it would still take its place as one of the most important publications of its kind in the long course of British monetary history.
KeywordsInterest Rate Monetary Policy Central Bank Money Supply Aggregate Demand
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