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A new history of the interwar Bank of England

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This presentation explores the evolution of the Bank of England in the aftermath of the First World War. It describes how and why the Bank began employing technical advisers to determine economic policy. Although the Bank’s primary goal was to defend the status of the City of London as an international financial centre, it became increasingly involved in areas unprecedented for a central bank, including industrial policy, foreign affairs and imperial relations. In the aftermath of the Great Depression and amidst preparations for another world war, the Bank ended the interwar years as a public-oriented institution.

This talk is part of the Financial History Seminar series.

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