• ISBN13: 9780521782043
• Binding: Hardcover
• Subject: Economics
• Publisher: Cambridge UP
• Publisher Imprint: Cambridge
• Publication Date: August 16, 2002
• Pages: 292
• Original Price: GBP 41.0
• Language: English
• Edition: N/A
• Item Weight: 545 grams
• BISAC Subject(s): Europe / General

About the Book This study links two fundamental political structures of the Cold War era, the transatlantic security system and the international monetary system. Central to this issue is a problem that soured relations among the Federal Republic and its major allies from the 1950s to the 1970s: Who was to bear the enormous cost of British and American troops in Germany? Both Washington and London identified this cost as a major reason for the decline of the pound and the dollar, whereas Germany reluctantly paid and traded "Money for Security", a fundamental pattern of its postwar foreign policy.