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Money and Security|Hubert Zimmermann

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

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Overview

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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Details

  • ISBN-13: 9780521399180
  • ISBN-10: 0521399181
  • Publisher: Cambridge University Press
  • Publish Date: July 2011
  • Dimensions: 9 x 6 x 0.66 inches
  • Shipping Weight: 0.95 pounds
  • Page Count: 292

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