1.

Record Nr.

UNINA9910255035803321

Autore

Selva Simone

Titolo

Before the Neoliberal Turn : The Rise of Energy Finance and the Limits to US Foreign Economic Policy / / by Simone Selva

Pubbl/distr/stampa

London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2017

ISBN

1-137-57443-7

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (XIX, 423 p. 17 illus.)

Collana

Palgrave Studies in Economic History, , 2662-6497

Disciplina

338.9

Soggetti

Economic policy

Public policy

Economic history

Economic Policy

Public Policy

Economic History

United States Foreign economic relations

United States Economic policy 20th century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

1. Introduction -- 2. American foreign financial and economic policy prior to the end of Bretton Woods: Capital account policies, foreign trade and development assistance policies -- 3. Oil, private capital markets, inflation: the crumbling of the post war international payments system before the end of Bretton Woods -- 4. The rise of OPEC Energy finance and the quest for capital supply in the US foreign economic policy 1973-1976 -- 5. From the collapse of policies on the capital account through the Carter Administration demand side policies: the short circuit between balance of payments deficit financing measures and petrodollar recycling -- 6. capital markets developments, non oil LDC imbalances, inflation, and the stabilization of US international payments position from the 1960s through the 1970s: continuities and change in the American foreign financial policy .



Sommario/riassunto

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.