Decline to Fall: The Making of British Macro-economic Policy and the 1976 IMF Crisis
Decline to Fall: The Making of British Macro-economic Policy and the 1976 IMF Crisis by Douglas Wass
English | 13 Mar. 2008 | ISBN: 0199534748 | 402 Pages | PDF | 1 MB
English | 13 Mar. 2008 | ISBN: 0199534748 | 402 Pages | PDF | 1 MB
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.