Skip to main content
Article thumbnail
Location of Repository

Negotiating credibility: Britain and the International Monetary Fund 1956–1976 \ud

By Ben Clift and Jim Tomlinson

Abstract

For twenty years before the famous crisis of 1976 Britain was a regular borrower from the International Monetary Fund (IMF). Through this lending role, the Fund in these years played a key part in determining the credibility of British policies. Borrowing from the Fund meant that British policy had to be seen as conforming to certain norms, but these norms were always negotiable, albeit within shifting limits. This article uses archival material from London and Washington to examine these processes of negotiation, showing how far British policy was shaped by the desires of the IMF, and how far it was able to maintain autonomy in national economic policy

Topics: HC
Publisher: Cambridge University Press
Year: 2008
OAI identifier: oai:wrap.warwick.ac.uk:865

Suggested articles


To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.