logo
Supporting your high street Find out how »
Basket Image

Basket

The IMF Crisis of 1976 and British Politics, Hardback Book

The IMF Crisis of 1976 and British Politics Hardback

Part of the International Library of Political Studies series

Description

The 1976 IMF crisis was a seminal event in modern British political and economic history.

The seeds of the crisis were sown by the huge OPEC oil price shocks of 1972-3 leading to the potential meltdown of Britain's already weakened economy and seemingly confirming Britain's headlong decline as a major political and economic power.

The government was seen as going 'cap in hand' to the International Monetary Fund (IMF) to head off disaster - an image which became a long-lasting political icon.

Kevin Hickson has mined vital original source material, including interviews with leading players, to probe government economic thought and practice.

He questions much received wisdom, especially that the crisis caused a basic shift to monetarist orthodoxy and right-wing economic liberalism - commonly known as 'Thatcherism' - and embraced by successive governments including New Labour.

Information

  • Format: Hardback
  • Pages: 252 pages
  • Publisher: Bloomsbury Publishing PLC
  • Publication Date:
  • Category: British & Irish history
  • ISBN: 9781850437253

Also in the International Library of Political Studies series   |  View all