This book pinpoints continuities and changes in U.S. foreign
economic policy from the fixed exchange rate system of the 1960s
through to the period between the two oil crises of the 1970s.
Chapters pay close attention to the interconnectedness between the
long lasting decline of the U.S. Dollar on foreign exchange markets
and the U.S. balance of payments, transformations in international
capital markets, and international oil developments. The book
charts the prolonged failure of Washington's foreign economic
policies to restore U.S. financial and monetary leadership through
to the Carter Administration.
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