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Books > History > History of specific subjects > Economic history
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The Bank of England and Public Policy, 1941-1958 (Hardcover, New)
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The Bank of England and Public Policy, 1941-1958 (Hardcover, New)
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In this book, originally published in 1992, the official history of
the Bank of England was continued into the late wartime and early
postwar periods. The author's position as a central banker by trade
and a former Executive Director of the Bank put him in an ideal
position to carry out this analysis. His account examines mainly
how the Bank moved on after the hurried nationalisation of 1946 and
led a vigourous though often frustrated life in the postwar years,
when sterling was subject to recurrent external weakness and when
domestic monetary policy was beset by difficulties of content and
conduct. The Bank's relationship with the Treasury is central to
the story, but Mr Fforde also examines its evolving relationship
with the financial community and with central banks overseas. The
Bank's contribution to public policy, in a frequently controversial
field, is explained and assessed.
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