Titlebook: Britain and European Monetary Cooperation, 1964-1979; Kiyoshi Hirowatari Book 2015 The Editor(s) (if applicable) and The Author(s) 2015 cr

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Orchestrating service ecosystems,s a failure and those who view it with some sympathy for its unprecedented plight — agree that Heath’s U-turn from ‘quiet revolution’ to ‘new capitalism’ was largely responsible for its failure. On 22 May 1972, Labour MP Edmund Dell argued in the House of Commons: ‘Our pragmatic Prime Minister, havi

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My Values — Other People’s Values leading Conservatives and the UK monetary authorities. As discussed in Chapter 2, Heath and UK mandarins were aware that Britain was at risk of losing monetary sovereignty, with the 1968 Basle Agreement fostering the sense of its decline as the second reserve currency: ‘The present standard of livi

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https://doi.org/10.1007/978-1-349-26419-3y. The background to this was a close approximation to the deadlock in Britain’s negotiations for EEC entry: the second try raised a further difficulty with the question of sterling. France played a major role in creating this difficulty: the French would ‘maintain the line that the continuance of s

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Artur Andrzejak,Monika Moser,Luis Silva. The austerity measures the IMF demanded did not prevent steady economic expansion in 1977–78 and the rapid improvement in the external position meant Britain avoided exhausting all its credit line,. which together overshadowed the calamitous collapse of sterling.. Nevertheless, a crucial fact rema