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Book Cover
E-book
Author Gowa, Joanne

Title Closing the Gold Window : Domestic Politics and the End of Bretton Woods
Published Ithaca : Cornell University Press, 2019

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Description 1 online resource (211 pages)
Series Cornell Studies in Political Economy
Cornell studies in political economy.
Contents Cover; Closing the Gold Window; Title; Copyright; Dedication; Contents; Preface; 1. 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
Summary 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
Notes Print version record
Subject Gold standard.
Foreign exchange -- United States
Dollar, American.
International finance.
POLITICAL SCIENCE -- Public Policy -- Economic Policy.
Gold standard
Bretton-Woods-System
Internationales Währungssystem
Reform
Währungspolitik
Geschichte (1970-1971).
SUBJECT United States -- Politics and government -- 1969-1974. http://id.loc.gov/authorities/subjects/sh85140471
Subject USA
Genre/Form Case studies
Form Electronic book
ISBN 9781501745195
1501745190