Decision Making (Routledge Revivals) - A case study of the decision to raise the Bank Rate in September 1957 (Hardcover)


Originally published in 1968, Richard Chapman's pioneering work illuminates the process of decision making by analysis of a particular example: the decision to raise the Bank Rate in September, 1957. The legal responsibility for a decision may be easy to pinpoint; in this case the Court of Directors of the Bank of England bear this but six weeks of negotiation separate their formal statement from the Chancellor of the Exchequer's advice to the Treasury to consider effecting 'a measure of deflation in the economy'. These six weeks of consultation between the Bank and the Treasury proceeding in 'the pattern of a formal dance' are analysed and a necessary by-product of this case-study is a closer understanding of how the Treasury and the Bank of England work together. These details are derived mainly from the evidence, and deductions from it, presented to the Bank Rate Tribunal and the Radcliffe Committee on the Working of the Monetary System. Professor Chapman gives his particular findings about decision making a wider application still by forming reasoned hypotheses and informed generalisations about public administration in Britain.

R1,147

Or split into 4x interest-free payments of 25% on orders over R50
Learn more

Discovery Miles11470
Mobicred@R107pm x 12* Mobicred Info
Free Delivery
Delivery AdviceShips in 12 - 17 working days


Toggle WishListAdd to wish list
Review this Item

Product Description

Originally published in 1968, Richard Chapman's pioneering work illuminates the process of decision making by analysis of a particular example: the decision to raise the Bank Rate in September, 1957. The legal responsibility for a decision may be easy to pinpoint; in this case the Court of Directors of the Bank of England bear this but six weeks of negotiation separate their formal statement from the Chancellor of the Exchequer's advice to the Treasury to consider effecting 'a measure of deflation in the economy'. These six weeks of consultation between the Bank and the Treasury proceeding in 'the pattern of a formal dance' are analysed and a necessary by-product of this case-study is a closer understanding of how the Treasury and the Bank of England work together. These details are derived mainly from the evidence, and deductions from it, presented to the Bank Rate Tribunal and the Radcliffe Committee on the Working of the Monetary System. Professor Chapman gives his particular findings about decision making a wider application still by forming reasoned hypotheses and informed generalisations about public administration in Britain.

Customer Reviews

No reviews or ratings yet - be the first to create one!

Product Details

General

Imprint

Routledge

Country of origin

United Kingdom

Series

Routledge Revivals

Release date

November 2011

Availability

Expected to ship within 12 - 17 working days

First published

1968

Authors

Dimensions

198 x 129mm (L x W)

Format

Hardcover

Pages

118

ISBN-13

978-0-415-50817-9

Barcode

9780415508179

Categories

LSN

0-415-50817-7



Trending On Loot