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Economic Statecraft during the Cold War - European Responses to the US Trade Embargo (Paperback)
Loot Price: R1,356
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Economic Statecraft during the Cold War - European Responses to the US Trade Embargo (Paperback)
Series: Cold War History
Expected to ship within 12 - 17 working days
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Discussing a rarely researched aspect of the Cold War, this volume
uses new material to examine how the United States trade embargo on
the Soviet Union and communist China severed relationships with
Europe, particularly focusing on Great Britain. In the late 1940s,
the US government stopped nearly all exports to the entire
Sino-Soviet bloc in the belief that it would hinder the expansion
of Soviet and Chinese military potential. To continue receiving the
US Marshall Aid, European countries had to impose similar bans, but
were reluctant because their trade links with the USSR and its
satellite countries had existed for centuries. The US thereafter
negotiated with Europe about what to include or exclude from the
list of authorised goods, severely straining diplomatic relations.
Economic Statecraft during the Cold War details these negotiations,
casting new light on the ambivalent US-UK relationship and
providing insights into the changing emphasis between the
Republican and Democrat administrations on the key question of
trade embargo, by explaining how the firm consistency in the
application of the US policy over the succeeding decades of the
Cold War was maintained. This book will be of much interest to all
students and scholars of Cold War history, intelligence studies and
international history in general.
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