New SPERI paper on the abolition of Britain’s capital controls
We are pleased to publish a new SPERI Paper by Jack Copley on the role of competition and ideas in Britain’s abolition of capital controls which took place between 1977-9. […]
Jack Copley
Capital controls are back on the agenda – but why did Britain scrap them in the 1970s?
Labour and Conservative governments in the 1970s abolished exchange controls and the reasons don’t just lie in free market ideology. […]