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Books > History > World history > From 1900 > Postwar, from 1945
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Decline to Fall - The Making of British Macro-economic Policy and the 1976 IMF Crisis (Hardcover)
Loot Price: R3,140
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Decline to Fall - The Making of British Macro-economic Policy and the 1976 IMF Crisis (Hardcover)
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This book provides the first comprehensive and authoritative
account of the events leading up to the UK seeking a massive loan
from the IMF in 1976 which almost precipitated a financial crisis
on a par with those of the 1930's and early post War period. Sir
Douglas Wass, who was permanent Secretary to the Treasury at the
time, provides a unique first hand account of the events that took
place as the crisis unfolded and the decision-making process.
Bringing unrivalled experience and knowledge of Whitehall to the
narrative, he draws on recently released documents such as official
Treasury minutes, memoranda, official statements and reports, IMF
documents and blends them with his own assessment of this key
period of policy making to provide a fascinating, blow-by-blow
account of how the Treasury reacted when faced with a series of
inter-locking crises. Decline to Fall will be a must read for
anyone interested in the formulation of policy and the workings of
government.
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