Verfasst von:	De Groot, Michael [VerfasserIn]
Titel:	Disruption
Titelzusatz:	the global economic shocks of the 1970s and the end of the Cold War
Verf.angabe:	Michael De Groot
Verlagsort:	Ithaca ; London
Verlag:	Cornell University Press
Jahr:	2024
Umfang:	xii, 307 Seiten
Illustrationen:	Diagramme
Fussnoten:	Literaturverzeichnis: Seite 281-298 ; Enthält ein Register
ISBN:	978-1-5017-7411-9
Abstract:	In this book, Michael De Groot argues that the global economic upheaval of the 1970s was decisive in ending the Cold War. Both the West and the Soviet bloc struggled with the slowdown of economic growth; chaos in the international monetary system; inflation; shocks in the commodities markets; and the emergence of offshore financial markets. The superpowers had previously disseminated resources to their allies to enhance their own national security, but the disappearance of postwar conditions during the 1970s forced Washington and Moscow to choose between promoting their own economic interests and supporting their partners in Europe and Asia. De Groot shows that new unexpected macroeconomic imbalances in global capitalism sustained the West during the following decade. Rather than a creditor nation and net exporter, as it had been during the postwar period, the United States became a net importer of capital and goods during the 1980s that helped fund public spending, stimulated economic activity, and lubricated the private sector. The United States could now live beyond its means and continue waging the Cold War, and its allies benefited from access to the booming US market and the strengthened US military umbrella. As this volume demonstrates, a new symbiotic economic architecture powered the West, but the Eastern European regimes increasingly became a burden to the Soviet Union. They were drowning in debt, and the Kremlin no longer had the resources to rescue them.
	"This book illuminates the link between the global economic shocks of the 1970s and the end of the Cold War"--
URL:	Inhaltsverzeichnis: http://bvbr.bib-bvb.de:8991/exlibris/aleph/a23_1/apache_media/TEVFD5EIFYMND2GUF9GSPDDLM7P9XH.pdf
	Cover: https://cornellpress-us.imgix.net/covers/9781501774119.jpg?auto=format&w=298
Schlagwörter:	(s)Wirtschaftskrise    / (s)Wirtschaftsbeziehungen    / (s)Wirtschaft    / (z)Geschichte 1945-1989
Sprache:	eng
Bibliogr. Hinweis:	Erscheint auch als : Online-Ausgabe: De Groot, Michael: Disruption. - Ithaca : Cornell University Press, 2024. - 1 Online-Ressource (xii, 307 Seiten)
RVK-Notation:	QM 333
K10plus-PPN:	1851991905