Britain’s Place in the World Economy

  title={Britain’s Place in the World Economy},
  author={Alan Booth},
There is no denying the fundamental changes and diminishing influence of Britain’s role in the international economy in the twentieth century. Britain began the century as de facto manager of the systems of international finance and trade. At the end of the century the City of London continued to play a major role in the world economy and British multinational companies had carved an important niche for themselves in world production and commerce, but Britain’s international standing had waned… CONTINUE READING