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- Operation_ROBOT abstract "Operation ROBOT was an economic policy devised by HM Treasury in 1952 under Chancellor of the Exchequer R. A. Butler but which was never implemented. It was named after three of its civil servant advocates, Sir Leslie ROwan, Sir George BOlton and OTto Clarke.During the winter of 1951–52 in Britain there was anxiety over the balance of payments and the reduction of Britain's gold reserves. R. A. Butler, the Chancellor, advocated floating the exchange rate and allowing sterling to find its own level and to be convertible. Butler acknowledged that his proposals would end the Keynesian full employment policies of the previous twelve years but claimed that the burden would fall not on Britain's precarious gold reserves but on the exchange rate. British exports would become cheaper, imports would become more expensive, food prices would rise, as would the prices of raw materials and possibly unemployment would also rise under the scheme. Clarke claimed that a free exchange rate would be 'painful' but would impose severe discipline upon British industry because of its exposure to the world markets.The most prominent of those who urged for its rejection were a Treasury under-secretary, E. R. Coplestone, and Lord Cherwell, the Paymaster-General. Cherwell argued that unemployment would rise to one million and inflation could increase if the plan was implemented. He also argued that it would be political suicide, which would end in disaster. Both the Governor (Lord Cobbold) and the deputy governor (Sir George Bolton) of the Bank of England, as well as the Colonial Secretary Oliver Lyttelton, were in favour of implementing it.In February 1952 the Cabinet rejected it as too risky.".
- Operation_ROBOT wikiPageID "5184368".
- Operation_ROBOT wikiPageLength "2787".
- Operation_ROBOT wikiPageOutDegree "20".
- Operation_ROBOT wikiPageRevisionID "608639268".
- Operation_ROBOT wikiPageWikiLink Balance_of_payments.
- Operation_ROBOT wikiPageWikiLink Bank_of_England.
- Operation_ROBOT wikiPageWikiLink Cameron_Cobbold,_1st_Baron_Cobbold.
- Operation_ROBOT wikiPageWikiLink Cameron_Fromanteel_Cobbold,_1st_Baron_Cobbold.
- Operation_ROBOT wikiPageWikiLink Category:1952_in_the_United_Kingdom.
- Operation_ROBOT wikiPageWikiLink Category:Political_history_of_the_United_Kingdom.
- Operation_ROBOT wikiPageWikiLink Chancellor_of_the_Exchequer.
- Operation_ROBOT wikiPageWikiLink Exchange_rate.
- Operation_ROBOT wikiPageWikiLink Frederick_Lindemann,_1st_Viscount_Cherwell.
- Operation_ROBOT wikiPageWikiLink Full_employment.
- Operation_ROBOT wikiPageWikiLink George_Bolton_(civil_servant).
- Operation_ROBOT wikiPageWikiLink Gold_reserve.
- Operation_ROBOT wikiPageWikiLink Gold_reserves.
- Operation_ROBOT wikiPageWikiLink Governor_of_the_Bank_of_England.
- Operation_ROBOT wikiPageWikiLink HM_Treasury.
- Operation_ROBOT wikiPageWikiLink Keynesian_economics.
- Operation_ROBOT wikiPageWikiLink Oliver_Lyttelton,_1st_Viscount_Chandos.
- Operation_ROBOT wikiPageWikiLink Paymaster-General.
- Operation_ROBOT wikiPageWikiLink Paymaster_General.
- Operation_ROBOT wikiPageWikiLink Pound_sterling.
- Operation_ROBOT wikiPageWikiLink Rab_Butler.
- Operation_ROBOT wikiPageWikiLink Secretary_of_State_for_the_Colonies.
- Operation_ROBOT wikiPageWikiLink United_Kingdom.
- Operation_ROBOT wikiPageWikiLinkText "Operation ROBOT".
- Operation_ROBOT hasPhotoCollection Operation_ROBOT.
- Operation_ROBOT wikiPageUsesTemplate Template:Cite_book.
- Operation_ROBOT subject Category:1952_in_the_United_Kingdom.
- Operation_ROBOT subject Category:Political_history_of_the_United_Kingdom.
- Operation_ROBOT hypernym Policy.
- Operation_ROBOT type Organisation.
- Operation_ROBOT comment "Operation ROBOT was an economic policy devised by HM Treasury in 1952 under Chancellor of the Exchequer R. A. Butler but which was never implemented. It was named after three of its civil servant advocates, Sir Leslie ROwan, Sir George BOlton and OTto Clarke.During the winter of 1951–52 in Britain there was anxiety over the balance of payments and the reduction of Britain's gold reserves. R. A.".
- Operation_ROBOT label "Operation ROBOT".
- Operation_ROBOT sameAs m.0d6rgf.
- Operation_ROBOT sameAs Q7097437.
- Operation_ROBOT sameAs Q7097437.
- Operation_ROBOT wasDerivedFrom Operation_ROBOT?oldid=608639268.
- Operation_ROBOT isPrimaryTopicOf Operation_ROBOT.