Concluding Reflections

Sir Alec Cairncross and Barry Eichengreen
Additional contact information
Sir Alec Cairncross: St Peter’s College

Chapter 6 in Sterling in Decline, 2003, pp 218-231 from Palgrave Macmillan

Abstract: Abstract It is scarcely possible to exaggerate the extent to which our three devaluations of sterling differed from one another. Indeed, the differences are so striking that it sometimes seems as if the only thing these three devaluations had in common was their coincidence on each occasion with an eclipse of the moon.1 None the less, a comparison of the three episodes reveals a surprising number of similarities – significant enough, in any case, to encourage us to attempt to generalize regarding the causes and effects of the three devaluations.

Keywords: Exchange Rate; Current Account; Money Supply; Capital Flow; Import Price (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59630-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230596306

DOI: 10.1057/9780230596306_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().