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Many accounts of British development since 1945 have attempted to discover why Britain experienced slower rates of economic growth than other Western European countries. In many cases, the explanation for this phenomenon has been attributed to the high level of defence spending that successive British post-war governments adhered to. Yet is it fair to assume that Britain's relative economic decline could have been prevented if policy makers had not spent so much on defence? Examining aspects of the political economy and economic impact of British defence expenditure in the period of the first cold war (1945-1955), this book challenges these widespread assumptions, looking in detail at the link between defence spending and economic decline. In contrast to earlier studies, Till Geiger not only analyses the British effort within the framework of Anglo-American relations, but also places it within the wider context of European integration. By reconsidering the previously accepted explanation of the economic impact of the British defence effort during the immediate post-war period, this book convincingly suggests that British foreign policy-makers retained a large defence budget to offset a sense of increased national vulnerability, brought about by a reduction in Britain's economic strength due to her war effort. Furthermore, it is shown that although this level of military spending may have slightly hampered post-war recovery, it was not in itself responsible for the decline of the British economy.
Monograph examining the impact of the USA monetary policy on the international monetary system - traces trends in the decline of the gold standard, discusses various monetary agreements, and explains the u.s. Balance of payments deficit. Bibliography pp. 259 to 274, references and statistical tables.
This book provides an examination of contemporary Anglo-American relations. Sometimes controversially referred to as the Special Relationship, Anglo-American relations constitute arguably the most important bilateral relationship of modern times. However, in recent years, there have been frequent pronouncements that this relationship has lost its ‘specialness’. This volume brings together experts from Britain, Europe and North America in a long-overdue examination of contemporary Anglo-American relations that paints a somewhat different picture. The discussion ranges widely, from an analysis of the special relationship of culture and friendship, to an examination of both traditional (e.g. nuclear relations) and more recent (e.g. environment) policies. Contemporary developments are discussed in the context of longer-term trends and contributing authors draw upon a range of different disciplines, including political science, diplomacy studies, business studies and economics. Coupled with a substantive introduction and conclusion, the result is an insightful and engaging portrayal of the complex Anglo-American relationship. The book will be of great interest to students of US and UK foreign policy, diplomacy and international relations in general.
This volume charts how the national strategic needs of the United States of America and Great Britain created a "parallel but not joint" relationship towards the Far East as the crisis in that region evolved from 1933-39. In short, it is a look at the relationship shared between the two nations with respect to accommodating one another on certain strategic and diplomatic issues so that they could become more confident of one another in any potential showdowns with Japan.
Middle East oil and Anglo-American special relations were among the most contentious issues during the Cold War. Oil is crucial to our understanding of Britain's and the USA's Cold War policies in the Middle East. This book presents an in-depth study of the issues of the period and the legacy of oil in the post Cold war era.
NSC 68 and the Political Economy of the Early Cold War re-examines the origins and implementation of NSC 68, the massive rearmament program that the United States embarked upon beginning in the summer of 1950. Curt Cardwell reinterprets the origins of NSC 68 to demonstrate that the aim of the program was less about containing communism than ensuring the survival of the nascent postwar global economy, upon which rested postwar US prosperity. The book challenges most studies on NSC 68 as a document of geostrategy and argues instead that it is more correctly understood as a document rooted in concerns for the US domestic political economy.
offers a timely, critical examination of Churchill’s contribution to establishing the Anglo-American special relationship in the cold war draws together some of the most established and best emergent scholars in the field will be of much interest to students of Anglo-American relations, Cold War History, foreign policy, international history and IR, in general
A critique of Anglo-American relations in the twentieth century in the light of the most recent research. It challenges many existing interpretations and argues that the basis of the Anglo-American special relationship was laid by Roosevelt and Chamberlain, that Roosevelt preferred Stalin to Churchill, and that the origins of the Cold War should be seen as a British education of the Americans to the Soviet threat. Suez is reassessed following the recent release of material in the Eisenhower Library. There is a consideration of the relationship of 'mutual interdependence' and why Wilson and Heath chose to move instead towards the European connection, as well as Mrs Thatcher's reasons for preferring the Atlantic alliance.