Money, oil, and empire in the Middle East : sterling and postwar imperialism, 1944-1971 / Steven G. Galpern.

"An important new political and economic history of the unravelling of the British Empire and its connection to the decline of sterling as a leading international currency. Analyzing events such as the 1951 Iranian oil nationalization crisis and the 1956 Suez crisis, Steven Galpern provides a new pe...

Full description

Bibliographic Details
Main Author: Galpern, Steven G., 1969-
Language:English
Published: Cambridge, UK ; New York : Cambridge University Press, 2009.
Subjects:
Petroleum industry and trade > Great Britain > History > 20th century.
Petroleum industry and trade > Middle East > History > 20th century.
Pound, British > History > 20th century.
Imperialism > History > 20th century.
Physical Description:xiv, 331 pages : illustrations ; 24 cm
Format: Book
Contents:
  • Anglo-American conflict over oil and the sterling area
  • Sterling and Britain's confrontation with nationalism in Iran
  • The Suez crisis : a sterling rescue operation gone wrong
  • Kuwait's surplus oil revenue : the benefit and threat to sterling
  • Conclusion : the devaluation of 1967 and the end of empire.