From the weak dollar to a currency crisis?

This chapter describes fiscal squeeze in an era of high political volatility and major economic challenges, including mass unemployment, a sharp increase in oil prices, double-digit inflation (i.e. a period of ‘stagflation’), and high levels of trade union militancy. The most dramatic period during the episode occurred in 1976, involving a split Labour Government under two different leaders, with a leadership election following a sudden prime ministerial resignation. That government pursued fiscal squeeze against the background of a deep currency crisis and bailout deals with outside lenders (the US Government and the IMF). The squeeze episode also led to some important institutional developments, producing the first major privatization since the 1950s and a new system of controlling public spending through ‘cash limits’.

Regulatory Lessons from the South Korean Currency Crisis: A Reply to Jai S. Mah

Journal of Economic Issues ◽

10.1080/00213624.2002.11506514 ◽

2002 ◽

Vol 36 (3) ◽

pp. 804-809 ◽

Cited By ~ 1

Author(s):

David A. Zalewski

Keyword(s):

Currency Crisis ◽

The South ◽

South Korean

Aftermath of the currency crisis

Intereconomics ◽

10.1007/bf02930116 ◽

1969 ◽

Vol 4 (5) ◽

pp. 150-153

Author(s):

Max Iklé

Keyword(s):

Currency Crisis

Britain and the Indian Currency Crisis, 1930–2

The Economic History Review ◽

10.1111/j.1468-0289.1979.tb01815.x ◽

1979 ◽

Vol 32 (1) ◽

pp. 88-99

Author(s):

B. R. TOMLINSON

Keyword(s):

Currency Crisis

Capital Flows, Capital Controls and Currency Crisis: The Case of Brazil in the Nineties

SSRN Electronic Journal ◽

10.2139/ssrn.147201 ◽

1999 ◽

Cited By ~ 5

Author(s):

Marcio G.P. Garcia ◽

Marcus Vinicius F. Valpassos

Keyword(s):

Capital Flows ◽

Currency Crisis ◽

Capital Controls

: (In Search for a Measure of Currency Misalignment: The Case of the 1997 Asian Currency Crisis)

SSRN Electronic Journal ◽

10.2139/ssrn.3080025 ◽

2000 ◽

Author(s):

Dae Keun Park

Keyword(s):

Currency Crisis ◽

Asian Currency Crisis ◽

Currency Misalignment

immigration of Argentinean Jews to Winnipeg : Emigration and Successful Settlement

10.32920/ryerson.14656194.v1 ◽

2021 ◽

Author(s):

Philip Reuben Covshoff

Keyword(s):

United States ◽

Labour Market ◽

Jewish Community ◽

Free Market ◽

Currency Crisis ◽

The United States ◽

Provincial Government ◽

Jewish Federation ◽

Market Approach ◽

Jewish Immigrants

Manitoba has strategized from 2002 onwards to incorporate a free-market approach into Manitoba's Provincial Nominee Programme in order to fulfill its labour market goals. In the grand scheme of attracting new Argentinean Jewish immigrants, it was an opportunity for these people to leave their homeland that was suffering under an economic depression and a currency crisis. Both the provincial government (through the Manitoba Provincial Nominee Programme) and an ethno-cultural institution (the Jewish Federation of Winnipeg) forged a partnership that matched these immigrants with jobs and also helped integrate them into the Winnipeg Jewish community. Seventeen interviews of Argentinean Jews now living in Winnipeg explained how they had a choice of emigrating to Spain, Israel or the United States but they selected Winnipeg and they give their reasons for doing so.