Titlebook: Remaking the Postwar World Economy; Robot and British Po Peter Burnham Book 2003 Palgrave Macmillan, a division of Macmillan Publishers Lim

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Operation Robot: Restructuring the Domestic and the World Economy,uced on Budget day, 11 March.. Firstly, ‘overseas sterling’ would be made fully convertible. In effect, this meant convertibility into gold, dollars or other currencies for all ‘unblocked’ sterling balances and new sterling earned abroad or acquired by Sterling Area governments (this was subsequentl

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The Battle over Robot, that Budget day had been put back from 4 March to 11 March 1952. Hall, as noted earlier, had initially thought the plan reasonably ‘attractive’, commenting that ‘it certainly looks a great deal better when one thinks of alternatives’. However, Hall found Butler’s attempt to push the plan through Ca

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Affirm

The Collective Approach to Freer Trade and Currencies, government in the latter half of 1952, committed as it was to the pursuit of convertibility and non-discrimination in trade. Since February, Cobbold had argued that the government should express a clear view in order to maintain overseas confidence: ‘at least to the extent of saying whether our aim

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Anglo-American Negotiations and a New Bank Route to Convertibility,tion was required to create the conditions for the expansion of world trade and production. The aim would be to secure agreement on the adoption of policies by creditor and debtor countries to restore balance in the world economy on the basis of ‘Trade, not aid’ and by progressive steps to create an

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Conclusion: Bretton Woods and British Decline, was over, trade liberalization was proceeding apace, many Western European economies were booming and the future of global multilateral trade and payments looked secure. The return to non-resident convertibility and the rebirth of the Bretton Woods twins seemed to point to a future in which the ide

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Meager

Conclusion: Bretton Woods and British Decline,als espoused at New Hampshire might finally be realized. But behind such predictions lay fears that new, and perhaps more fundamental, structural imbalances in the world economy were developing which would call for a radical overhaul of international economic relations.

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