Gold, Dollars, and Power PDF ePub eBook

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Gold, Dollars, and Power free pdf This book describes how four U.S. administrations struggled with the legacy of Bretton Woods.How are we to understand the politics of international monetary relations since the end of World War II? Exploiting recently declassified documents from both the United States and Europe and employing economic analysis and international relations theory, Francis Gavin offers a compelling reassessment of the Bretton Woods system of fixed exchange rates and dollar-gold convertibility.Gavin demonstrates that, contrary to the conventional wisdom, Bretton Woods was a highly politicized system that was prone to crisis and required constant intervention and controls to continue functioning. More important, postwar monetary relations were not a salve to political tensions, as is often contended. In fact, the politicization of the global payments system allowed nations to use monetary coercion to achieve political and security ends, causing deep conflicts within the Western Alliance. For the first time, Gavin reveals how these rifts dramatically affected U.S. political and military strategy during a dangerous period of the Cold War.

About Francis J. Gavin

FRANCIS J. GAVIN is assistant professor in the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. He is editor of The New York Times Twentieth Century in Review: The Cold War and coeditor of The Presidential Recordings: John F. Kennedy: The Great Crises, volumes 1-2.

Details Book

Author : Francis J. Gavin
Publisher : The University of North Carolina Press
Data Published : 15 April 2008
ISBN : 0807859001
EAN : 9780807859001
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 280 pages
Age + : 15 years
Language : English
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