Conclusion

Kiyoshi Hirowatari

A chapter in Britain and European Monetary Cooperation, 1964–1979, 2015, pp 179-185 from Palgrave Macmillan

Abstract: Abstract Chapter 4 takes up the history of the Labour Party and sterling, which sets the historical context in which Labour’s attitude to sterling was forged by examining the implications of the Suez crisis for Labour. The chapter then moves on to discussion of how the leading revisionists — Anthony Crosland and Roy Jenkins — considered the sterling problem, and finally assesses the origin of a European solution to sterling by focusing on the work of James Meade. Chapter 5 outlines Harold Wilson’s career in the context of the 1960s and then provides a detailed analysis of the 1964–66 sterling crisis, which can be considered one of the most crucial factors in determining Wilson’s attempt at EEC entry.

Keywords: Reserve Currency; International Currency; European Approach; International Monetary System; External Balance (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-1-137-49142-8_11

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DOI: 10.1057/9781137491428_11

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