| Money and Security: Troops, Monetary Policy, and West Germany's Relations with the United States and Britain, 1950-1971 Contributor(s): Zimmermann, Hubert (Author) |
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ISBN: 1139052292 ISBN-13: 9781139052290 Publisher: Cambridge University Press OUR PRICE: $140.25 Product Type: Open Ebook - Other Formats Published: January 2013 |
| Additional Information |
| BISAC Categories: - History | Europe - General - Business & Economics | International - Economics |
| Dewey: 337 |
| Series: Publications of the German Historical Institute |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |