Sterling

The Decline of Sterling

The demise of sterling as an international currency was widely predicted after 1945, but the process took thirty years to complete. Why was this demise so prolonged? Traditional explanations emphasize British efforts to prolong sterling's role because it increased the capacity to borrow, enhanced prestige, or supported London as a centre for international finance. This book challenges this view by arguing that sterling's international role was prolonged by the weakness of the international monetary system and by collective global interest in its continuation. Using the archives of Britain's partners in Europe, the USA and the Commonwealth, Catherine Schenk shows how the UK was able to convince other governments that sterling's international role was critical for the stability of the international economy and thereby attract considerable support to manage its retreat. This revised view has important implications for current debates over the future of the US dollar as an international currency.

Sterling A. Brown

Sterling A. Brown's achievement and influence in the field of American literature and culture are unquestionably significant. His poetry has been translated into Spanish, French, German, and Russian and has been read in literary circles throughout the world. He is also one of the principal architects of black criticism. His critical essays and books are seminal works that give an insider's perspective of literature by and about blacks. Leopold Sedar Senghor, who became familiar with Brown's poetry and criticism in the 1920s and 1930s, called him "an original militant of Negritude, a precursor of our movement." Yet Joanne V. Gabbin's book, originally published in 1985, remains the only study of Brown's work and influence. Gabbin sketches Brown's life, drawing on personal interviews and viewing his achievements as a poet, critic, and cultural griot. She analyzes in depth the formal and thematic qualities of his poetry, revealing his subtle adaptation of song forms, especially the blues. To articulate the aesthetic principles Brown recognized in the writings of black authors, Gabbin explores his identification of the various elements that have come together to create American culture.

The Works of Thomas Carlyle: The life of John Sterling