The politicisation of monetary policy-making in postwar Britain

British Politics

Volumn 2, Issue 3, 2007, Pages 395-419

  Burnham, Peter ^a  

^a UNIVERSITY OF WARWICK   (United Kingdom)

Author keywords

Bank of England; Central Bank independence; Depoliticisation; Monetary policy; Politicisation

Indexed keywords

EID: 51249148892     PISSN: 1746918X     EISSN: 17469198     Source Type: Journal    
DOI: 10.1057/palgrave.bp.4200074     Document Type: Article

References (45)

1. BE, Bank of England, London
2. Bibow, J. (2004) 'Reflections on the current fashion for central bank independence', Cambridge Journal of Economics 28(4): 549-576
3. Bonefeld, W. (1993) The Recomposition of the British State During the 1980s, Aldershot: Dartmouth
4. Brittan, S. (1964) The Treasury Under the Tories 1951-1964, Middlesex: Penguin
5. Brittan, S. (1969) Steering the Economy, London: Martin Secker and Warburg
6. Browning, P. (1986) The Treasury and Economic Policy 1964-1985, London: Longman
7. Buller, J. and Flinders, M. (2005) 'The domestic origins of depoliticisation in the area of British economic policy', British Journal of Politics and International Relations 7(4): 526-544
8. Burnham, P. (1999) 'The politics of economic management in the 1990s', New Political Economy 4(1): 37-54
9. Burnham, P. (2001) 'New Labour and the politics of depoliticisation', British Journal of Politics and International Relations 3(2): 127-149
10. Burnham, P. (2003) Remaking the Postwar World Economy, London: Palgrave
11. Cairncross, A. (1985) Years of Recovery, London: Methuen
12. Cairncross, A. (1996) Managing the British Economy in the 1960s, London: Macmillan
13. Cairncross, A. (1999) Diaries: The Radcliffe Committee and the Treasury 1961-64, London: Institute of Contemporary British History
14. Chapman, R. (1970) 'The Bank of England: not a nationalised industry, or a public corporation, but a nationalised institution', Parliamentary Affairs 24: 208-221
15. Cobham, D., Papadopoulos, A. and Zis, G. (2004) 'The cost of political intervention in monetary policy', International Finance 7(3): 471-493
16. Dell, E. (1996) The Chancellors, London: HarperCollins
17. Dimsdale, N.H. (1991) 'British Monetary Policy since 1945', in N. Crafts and N. Woodward (eds.) The British Economy Since 1945, Oxford: Clarendon
18. Elgie, R. and Thompson, H. (1998) The Politics of Central Banks, London: Routledge
19. Fforcombining dot abovede, J. (1992) The Bank of England and Public Policy 1941-1958, Cambridge: Cambridge University Press
20. Flinders, M. and Buller, J. (2006) 'Depoliticisation: principles, tactics and tools', British Politics 1(3): 293-318
21. Grant, W. (2002) Economic Policy in Britain, London: Palgrave
22. Green, E.H.H. (2000) 'The Treasury resignations of 1958: a reconsideration', Twentieth Century British History 11(4): 409-430
23. H.M. Treasury (2002) Reforming Britain's Economic and Financial Policy, London: Palgrave
24. Hall, R. (1989) The Robert Hall Diaries, 1947-1953, London: Unwin Hyman
25. Hall, R. (1991) The Robert Hall Diaries, 1954-1961, London: Unwin Hyman
26. Hay, C. (1999) The Political Economy of New Labour, Manchester: Manchester University Press
27. HMSO (1959) Committee on the Working of the Monetary System (Radcliffe Report), Cmnd. 827. London: HMSO
28. Holmans, A. (1999) Demand Management in Britain 1953-58, London: Institute of Contemporary British History
29. Johnson, C. (1993) 'The Role of the Bank of England', Appendix 22 in Treasury and Civil Service Committee, The Role of the Bank of England: Volume One, First Report. HMSO, London
30. Keynes, J.M. (1932) 'The Monetary Policy of the Labour Party', in D. Moggridge (ed.) The Collected Writings of John Maynard Keynes, Volume XXI, London: Macmillan
31. Kydland, F. and Prescott, E. (1977) 'Rules rather than discretion', Journal of Political Economy 85: 473-492
32. Labour Party (1945) Let Us Face the Future, London: Labour Party
33. Lawson, N. (1992) The View from No. 11, London: Bantam
34. Miliband, R. (1972) Parliamentary Socialism, London: Merlin
35. Moran, M. (1984) The Politics of Banking, London: Macmillan
36. Morgan, K. (1984) Labour in Power 1945-1951, Oxford: Clarendon
37. Peden, G.C. (2000) The Treasury and British Public Policy 1906-1959, Oxford: Oxford University Press
38. Ringe, A. and Rollings, N. (2000) 'Domesticating the Market Animal? The Treasury and the Bank of England, 1955-60', in R. Rhodes (ed.) Transforming British Government, Volume One, London: Macmillan
39. Ringe, A., Rollings, N. and Middleton, R. (2004) Economic Policy Under the Conservatives, 1951-64, London: Institute of Historical Research and National Archives
40. Shonfield, A. (1959) British Economic Policy Since the War, Middlesex: Penguin
41. Thompson, H. (1996) The British Conservative Government and the European Exchange Rate Mechanism, London: Pinter
42. TNA PRO, Public Record Office, Kew
43. Treasury and Civil Service Committee (1993a) The Role of the Bank of England: Volume One, First Report, London: HMSO
44. Treasury and Civil Service Committee (1993b) The Role of the Bank of England: Minutes of Evidence. 98-1 and 98-11. London: HMSO
45. Wass, D. and Hopkin, B. (2005) The Independence of the Bank of England, unpublished draft