Treasury Control: The Co-Ordination of Financial and Economic Policy in Great Britain

Treasury Control: The Co-Ordination of Financial and Economic Policy in Great Britain

Treasury Control: The Co-Ordination of Financial and Economic Policy in Great Britain

Treasury Control: The Co-Ordination of Financial and Economic Policy in Great Britain

Excerpt

This book is not concerned with all aspects of the Treasury's work, but only with its role as co-ordinator of financial and economic policy. This means that much of what the Treasury does has been almost entirely passed over, particularly the business of Establishments, Home Finance, and Overseas Finance. Yet if in this respect the theme of the book is narrow, in another it is as broad as the constitution itself. To try to understand the relations of the Treasury with the other great departments of state is to be led into an inquiry which ramifies throughout the complex and ancient architecture of British government. Fully to explain some simple Treasury decision -- the result, let us say, of a telephone conversation between two Principals, one in the Treasury and the other outside; to try to find out why some things were said in this exchange and others were not and what has made possible the settlement which these two people have reached, would be a hardly less formidable undertaking than that on which Sir James Frazer embarked when he set out to understand the strange ceremony of the priests of Nemi.

Needless to say my inquiry has been less ambitious. But I have at least pushed it far enough to learn one lesson bearing on the interdependence of the various parts of British government. This is that with regard . . .

Author Advanced search

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.