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- W2502904780 abstract "In some respects it might appear unnecessary to delineate a separate area of a nation’s foreign policy and designate it as ‘economic’. After all, not only are self-evidently ‘political’ strategies frequently shaped by economic objectives and constraints, but decisions about economic policy are equally often guided by political criteria. In spite of the undoubted connections between ‘the economic’ and ‘the political’, there is still a distinctively economic area of British foreign policy which — if only because of its rather technical nature — merits separate investigation. As will be seen, in terms of foreign economic policy the postwar era can be conveniently partitioned into two distinct phases: from 1945 to 1968, when the ‘reserve’ role of sterling was finally abandoned; and from 1968 to the present day. During the first phase, successive governments sought to restore Britain’s prewar international economic position by continuing to play a dominant and would-be guiding role in the international financial system. During the second phase, a less ambitious and rather more reactive strategy was adopted, a strategy that was in reality far better suited to Britain’s straitened economic circumstances." @default.
- W2502904780 created "2016-08-23" @default.
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- W2502904780 date "1989-01-01" @default.
- W2502904780 modified "2023-09-24" @default.
- W2502904780 title "The International Economic Dimension" @default.
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- W2502904780 doi "https://doi.org/10.1007/978-1-349-20747-3_8" @default.
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