Closing the Gold Window

Closing the Gold Window
Author: Joanne Gowa
Publisher: Cornell University Press
Total Pages: 208
Release: 2019-05-15
Genre: Political Science
ISBN: 1501745190


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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.


Closing the Gold Window
Language: en
Pages: 208
Authors: Joanne Gowa
Categories: Political Science
Type: BOOK - Published: 2019-05-15 - Publisher: Cornell University Press

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On August 15, 1971, President Nixon announced that the United States would no longer convert dollars into gold or other primary reserve assets, effectively endi
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