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Swiss Banking Secrecy and the US-Swiss Conflict Over Holocaust Claims (Hardcover, New edition)
Loot Price: R1,130
Discovery Miles 11 300
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Swiss Banking Secrecy and the US-Swiss Conflict Over Holocaust Claims (Hardcover, New edition)
Series: International Relations in Asia, Africa and the Americas, 15
Expected to ship within 12 - 17 working days
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This book examines US-Swiss relations in the context of Swiss
banking secrecy and Holocaust related claims from World War II
until the end of the 1990s. During World War II, Switzerland had
been purchasing Reichsbank's gold and safeguarded the assets of the
victims of Nazi Germany. This deeply impacted US-Swiss relations in
the 1990s, and fueled a major conflict over dormant accounts and
heirless assets of Holocaust victims. The US pressured Switzerland
for Holocaust restitution using economic sanctions and a negative
PR campaign. This culminated in a billion-dollar settlement, a
reevaluation of wartime history by the Swiss, and a blow to
Switzerland's international image. This book analyzes US policy
towards Switzerland as a case of projection of US economic, as
opposed to military power.
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