Tim Lankester
Sir Tim Lankester, KCB, was Margaret Thatcher's first private secretary for economic affairs.. He was subsequently Britain's representative on the boards of the IMF and the World Bank; Permanent Secretary at the former Overseas Development Administration; Director of the School of Oriental and African Studies, University of London; and President of Corpus Christi College, Oxford. He is the author of The Politics and Economics of Britain's Foreign Aid: The Pergau Dam Affair (Routledge, 2013).
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Inside Thatcher’s Monetarism Experiment
The Promise, the Failure, the Legacy
In 1979, Margaret Thatcher’s new government pursued a monetarist economic policy in response to double-digit inflation, rising unemployment and flatlining economic growth. Tim Lankester's insider’s account offers fascinating insights into one of Britain's most unsuccessful economic episodes and also examines monetarism's legacy today.