A01=W. Manning Dacey
Author_W. Manning Dacey
Category=KC
Category=KFFK
central banking operations
credit creation process
deficit financing Britain
discount market evolution
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
historical British financial system
liquidity management banking
monetary policy analysis
Product details
- ISBN 9781032977416
- Weight: 380g
- Dimensions: 138 x 216mm
- Publication Date: 20 Apr 2026
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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First published in 1951, The British Banking Mechanism seeks to enable the reader to obtain a real understanding of the British financial system as it operated back in the 1950s.The book shows how the traditional concept of the Bank of England as the supreme monetary authority controlling the volume of credit has to be modified now that the government, instead of private industry, is the chief borrower from the banking system. This book is of historical importance for scholars and students of banking history, British banking and British economics.
W. Manning Dacey, Late Honorary Fellow of the London School of Economics, Economic Advisor, Lloyds Bank.
