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Money and Security: Troops, Monetary Policy, and West Germany's Relations with the United States and Britain, 1950 1971

by Hubert Zimmermann
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Current price ₹4,359.00
Original price ₹4,420.00
Original price ₹4,420.00
Original price ₹4,420.00
(-1%)
₹4,359.00
Current price ₹4,359.00

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Book cover type: Paperback
  • ISBN13: 9780521399180
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 292
  • Original Price: GBP 34.0
  • Language: English
  • Edition: 1
  • Item Weight: 431 grams
  • BISAC Subject(s): International / Economics & Trade

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.

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