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612-822-4611
Money and Security: Troops, Monetary Policy, and West Germany's Relations with the United States and Britain, 1950 1971

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

Paperback

Series: Publications of the German Historical Institute

EconomicsGeneral European History

ISBN10: 0521399181
ISBN13: 9780521399180
Publisher: Cambridge University Press
Published: Jul 21 2011
Pages: 292
Weight: 0.95
Height: 0.66 Width: 6.00 Depth: 9.00
Language: English
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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