1952 Commonwealth Prime Ministers' Economic Conference
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1952 Commonwealth Prime Ministers' Economic Conference
The 1952 Commonwealth Prime Ministers' Economic Conference was an emergency Meeting of the Heads of Government of the British Commonwealth. It was called by the British government of Sir Winston Churchill and held in the United Kingdom in December 1952 as a follow-up to a Commonwealth Finance Minister's conference held in January 1952. The conference was held in the context of British economic and military decline and the United States' surging role in the world. The principal topic of the conference was the convertibility and liquidity of Pound sterling into American dollars and British concerns that non-sterling Commonwealth countries were building up sterling balances for the purpose of conversion into American dollars, the future of the Pound sterling area, and the alleviation of Commonwealth trade restrictions and imperial preference, particularly in the light of the surging American economy and the desire of Commonwealth countries such as Australia for American investmen ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Pound Sterling Area
The sterling area (or sterling bloc, legally scheduled territories) was a group of countries that either pegged their currencies to sterling, or actually used sterling as their own currency. The area began to appear informally during the early 1930s, after sterling had left the gold standard in 1931, with the result that a number of currencies of countries that historically had performed a large amount of their trade in sterling were pegged to sterling instead of to gold. A large number of these countries were part of the British Empire; however, a significant minority were not. Early in the Second World War, emergency legislation united the sterling bloc countries and territories (except Hong Kong) of the British Empire in a single exchange control area to protect the external value of sterling, among other aims. Canada and Newfoundland were already linked to the US dollar and did not join the sterling bloc. The Bank of England in London guided co-ordination of monetary ...
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Sidney Holland
Sir Sidney George Holland (18 October 1893 – 5 August 1961) was a New Zealand politician who served as the 25th prime minister of New Zealand from 13 December 1949 to 20 September 1957. He was instrumental in the creation and consolidation of the New Zealand National Party, which was to dominate New Zealand politics for much of the second half of the 20th century. Holland was elected to parliament in , and became the second Leader of the National Party, and Leader of the Opposition, in 1940. He served briefly (1942) in a war cabinet but thereafter attacked the Labour government for its interventionist economic policies. Holland led the National Party to its first election victory in . His National government implemented moderate economic reforms, dismantling many state controls. Holland's government also undertook constitutional change in 1950, by abolishing the Legislative Council, the upper house of parliament, on the grounds that it was ineffectual. In 1951, Holland, ...
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Finance Minister Of India
The Minister of Finance (Vitta Mantrī ) (or simply, the Finance Minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the Finance Minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the Budget, the finance minister also outlines allocations to all the ministries and departments. The Minister is assisted by the Minister of State for Finance and the junior Deputy Minister of Finance. There have been a number of Ministers of Finance that went on to become the Prime Minister; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh and also to serve as the President; R.Venkataraman and Pranab Mukherjee. Several Prime Ministers have also gone on to hold the position of Minister of Finance. ...
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Chintaman Deshmukh
Sir Chintaman Dwarakanath Deshmukh, CIE, ICS (14 January 1896 – 2 October 1982) was an Indian civil servant and the first Indian to be appointed the Governor of the Reserve Bank of India in 1943 by the British Raj authorities. He subsequently served as the Finance Minister in the Union Cabinet (1950–1956). It was during this time that he also became a founding member of the Governing Body of NCAER, the National Council of Applied Economic Research in New Delhi, India's first independent economic policy institute established in 1956 at the behest of Prime Minister Jawaharlal Nehru. After resignation from Union Cabinet he worked as Chairman of UGC (1956–1961). He served as Vice-Chancellor of University of Delhi (1962–67). He was also President of Indian Statistical Institute from 1945 to 1964, Honorary Chairman of National Book Trust (1957–60). He founded India International Center in 1959 and served as Lifetime President of it. He was also chairman of Indian Institute ...
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Prime Minister Of Sri Lanka
The Prime Minister of the Democratic Socialist Republic of Sri Lanka is the head and most senior member of parliament in the cabinet of ministers. It is the second-most powerful position in Sri Lanka's executive branch behind the president, who is the constitutional chief executive. The Cabinet is collectively held accountable to parliament for their policies and actions. Dinesh Gunawardena has been prime minister since 22 July, after Ranil Wickremesinghe was sworn in as the President. Appointment The president will appoint a member of parliament as prime minister, who in the president's opinion, "is most likely to command the confidence of Parliament". The prime minister holds office throughout the period during which the cabinet of ministers continues to function under the provisions of the constitution unless the prime minister resigns from the post or ceases to be a member of parliament. Powers and role Under the Soulbury Constitution the post of Prime Minister was create ...
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Dudley Senanayake
Dudley Shelton Senanayake ( Sinhala: ඩඩ්ලි ශෙල්ටන් සේනානායක: ta, டட்லி சேனநாயக்கா; 19 June 1911 – 13 April 1973), was a Sri Lankan statesman who served as Prime Minister of Ceylon from 1952 to 1953 (first term as the second prime minister of Ceylon), in 1960 (second term) and from 1965 to 1970 (third term) and Leader of the Opposition from 1960 to 1964. Senanayake's tenures as prime minister were associated with democratic socialist policies focused on agricultural and educational reforms with a pro-western alignment. Born to a political family, he was the eldest son of D. S. Senanayake who lead the independence movement which gained self-rule to Ceylon in 1948 with D. S. Senanayake becoming the prime minister of Ceylon. Dudley Senanayake who was educated at S. Thomas' College and at Corpus Christi College, Cambridge, qualified as a barrister before entering national politics in 1936 when he was e ...
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Prime Minister Of Australia
The prime minister of Australia is the head of government of the Commonwealth of Australia. The prime minister heads the executive branch of the Australian Government, federal government of Australia and is also accountable to Parliament of Australia, federal parliament under the principles of responsible government. The current prime minister is Anthony Albanese of the Australian Labor Party, who became prime minister on 23 May 2022. Formally appointed by the Governor-General of Australia, governor-general, the role and duties of the prime minister are not described by the Constitution of Australia, Australian constitution but rather defined by Constitutional convention (political custom), constitutional convention deriving from the Westminster system. To become prime minister, a politician should be able to Confidence and supply, command the confidence of the House of Representatives (Australia), House of Representatives. As such, the prime minister is typically the leader o ...
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Robert Menzies
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of ''Hrōþ, Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use Robert (surname), as a surname. Another commonly used form of the name is Rupert (name), Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta (given name), Roberta. The Italian, Portuguese, and Spanish form is Roberto (given name), Roberto. Robert is also a common name in many Germanic languages, including English ...
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George VI Of The United Kingdom
George VI (Albert Frederick Arthur George; 14 December 1895 – 6 February 1952) was King of the United Kingdom and the Dominions of the British Commonwealth from 11 December 1936 until his death in 1952. He was also the last Emperor of India from 1936 until the British Raj was dissolved in August 1947, and the first Head of the Commonwealth following the London Declaration of 1949. The future George VI was born in the reign of his great-grandmother Queen Victoria; he was named Albert at birth after his great-grandfather Albert, Prince Consort, and was known as "Bertie" to his family and close friends. His father ascended the throne as George V in 1910. As the second son of the king, Albert was not expected to inherit the throne. He spent his early life in the shadow of his elder brother, Prince Edward, the heir apparent. Albert attended naval college as a teenager and served in the Royal Navy and Royal Air Force during the First World War. In 1920, he was made Duke of Yo ...
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Elizabeth II Of The United Kingdom
Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until her death in 2022. She was queen regnant of 32 sovereign states during her lifetime, and was head of state of 15 realms at the time of her death. Her reign of 70 years and 214 days was the longest of any British monarch and the longest verified reign of any female monarch in history. Elizabeth was born in Mayfair, London, as the first child of the Duke and Duchess of York (later King George VI and Queen Elizabeth The Queen Mother). Her father acceded to the throne in 1936 upon the abdication of his brother Edward VIII, making the ten-year-old Princess Elizabeth the heir presumptive. She was educated privately at home and began to undertake public duties during the Second World War, serving in the Auxiliary Territorial Service. In November 1947, she married Philip Mountbatten, a former prince of Gre ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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