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Trading Power - West Germany's Rise to Global Influence, 1963-1975 (Hardcover)
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Trading Power - West Germany's Rise to Global Influence, 1963-1975 (Hardcover)
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Total price: R1,122
Discovery Miles: 11 220
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Trading Power traces the successes and failures of a generation of
German political leaders as the Bonn Republic emerged as a
substantial force in European, Atlantic, and world affairs. Over
the course of the 1960s and 1970s, West Germans relinquished many
trappings of hard power, most notably nuclear weapons, and learned
to leverage their economic power instead. Obsessed with stability
and growth, Bonn governments battled inflation in ways that
enhanced the international position of the Deutsche Mark while
upending the international monetary system. Germany's remarkable
export achievements exerted a strong hold on the Soviet bloc,
forming the basis for a new Ostpolitik under Willy Brandt. Through
much trial and error, the Federal Republic learned how to find a
balance among key Western allies, and in the mid-1970s Helmut
Schmidt ensured Germany's centrality to institutions such as the
European Council and the G-7 - the newly emergent leadership
structures of the West.
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