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

Before the Neoliberal Turn

The Rise of Energy Finance and the Limits to US Foreign Economic Policy

By: Simone Selva

eText | 31 October 2017

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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.

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