Closing the gold window : domestic politics and the end of Bretton Woods / / Joanne Gowa

• Record Nr.: UNINA9910793994903321
• Autore: Gowa Joanne S.
• Pubbl/distr/stampa: Ithaca, New York ; ; London : , : Cornell University Press, , [1983]; ©1983
• ISBN: 1-5017-4519-0
• Descrizione fisica: 1 online resource (211 pages)
• Collana: Cornell studies in political economy
• Disciplina: 332.4222
• Soggetti: Gold standard; United States Foreign economic relations Case studies; United States Politics and government 1969-1974
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di contenuto: Front matter -- Contents -- Preface / Gowa, Joanne -- I. Introduction -- 2. The Bretton Woods Regime and the United States -- 3. The Influence of Consensus -- 4. The Role of Structure and Process -- 5. The President, Policy Implementation, and the Short Road to Camp David -- 6. The Camp David Meeting -- 7. Conclusion -- Appendix: Interviews -- Bibliography -- Index
• Sommario/riassunto: On August 15, 1971, President Nixon announced that the United States would no longer convert dollars into gold or other primary reserve assets, effectively ending the Bretton Woods regime that had governed post-World War II international monetary relations. Complementing earlier works that emphasize international political and economic factors, Joanne Gowa's book examines the ways in which domestic influences contributed to this crucial action. In Closing the Gold Window, she argues that the mid-1971 decision was the consequence, in part, of the high priority Nixon administration officials assigned to maintaining U.S. freedom of action at home and abroad. She also maintains that the organization of the U.S. government for the conduct of international monetary policy played a role in the decision that ended the Bretton Woods regime.