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- Title
The two sterling crises of 1964: a comment on Newton.
- Authors
OLIVER, MICHAEL J.
- Abstract
In a recent article in this journal, Newton claimed that there were two sterling crises in the autumn of 1964 and that the government response to the second crisis followed a 'textbook reaction'. This comment challenges both suggestions and argues that there was one sterling crisis and that the government did not deal with the crisis adequately.
- Subjects
UNITED Kingdom; FINANCIAL crises; POUND sterling; FOREIGN exchange rates; FEDERAL Reserve Bank of New York; ECONOMIC conditions in Great Britain -- 1964-1979; BRITISH politics &; government, 1964-1979; HISTORY
- Publication
Economic History Review, 2012, Vol 65, Issue 1, p314
- ISSN
0013-0117
- Publication type
Opinion
- DOI
10.1111/j.1468-0289.2011.00598.x