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Money and Security - Troops, Monetary Policy, and West Germany's Relations with the United States and Britain, 1950-1971 (Paperback)
Loot Price: R1,023
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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
Expected to ship within 12 - 17 working days
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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 which soured
relations between the Federal Republic and its 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 their
currencies, whereas Germany reluctantly paid and traded 'Money for
Security'; a fundamental pattern of its postwar foreign policy. The
interweaving of money and security leads toward a more complete
understanding of transatlantic history during the Cold War, one
which provides an incisive comment on the pattern of simultaneous
conflict and cooperation in the interaction of modern states,
demonstrates the influence of domestic politics on foreign
policies, and comments on the relative nature of American hegemony.
General
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