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Economic Cold War

Economic Cold War
Author: Shu Guang Zhang
Publisher: Stanford University Press
Total Pages: 404
Release: 2001
Genre: Political Science
ISBN: 9780804739306

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Why would one country impose economic sanctions against another in pursuit of foreign policy objectives? How effective is the use of such economic weapons? This book examines how and why the United States and its allies instituted economic sanctions against the People's Republic of China in the 1950s, and how the embargo affected Chinese domestic policy and the Sino-Soviet alliance.


Financial Cold War

Financial Cold War
Author: James A. Fok
Publisher: John Wiley & Sons
Total Pages: 519
Release: 2021-12-20
Genre: Political Science
ISBN: 1119862760

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A groundbreaking exploration of US-China relations as seen through the lens of international finance Rising tensions between China and the United States have kept the financial markets on edge as a showdown between the world’s two largest economies seems inevitable. But what most people fail to recognise is the major impact that the financial markets themselves have had on the creation and acceleration of the conflict. In Financial Cold War: A View of Sino-US Relations from the Financial Markets, market structure and geopolitical finance expert James Fok explores the nuances of China-US relations from the perspective of the financial markets. The book helps readers understand how imbalances in the structure of global financial markets have singularly contributed to frictions between the two countries. In this book, readers will find: A comprehensive examination of the development of financial markets in both China and the US, as well as the current US dollar-based global financial system Insightful observations of the roles of technology, innovation, regulation, taxation, and politics in the markets, and on their resulting effect on US-Sino relations Thorough explorations of the role of Hong Kong as an intermediary for capital flows between China and the rest of the world Suggestions for how, balancing the many varying interests, policymakers might be able to devise effective strategies for de-escalating current Sino-US tensions Financial Cold War is a can’t-miss resource for anyone personally or professionally interested in the intersection of economics and international relations, financial markets, and the infrastructure underlying the international financial system.


Mao and the Economic Stalinization of China, 1948-1953

Mao and the Economic Stalinization of China, 1948-1953
Author: Hua-Yu Li
Publisher: Harvard Cold War Studies Book Series
Total Pages: 276
Release: 2006
Genre: Biography & Autobiography
ISBN:

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In the first systematic study of its kind, Hua-yu Li explains why, in 1953, Mao suddenly changed direction in economic policy and launched China on a Stalinist road to socialism. In so doing, he profoundly changed the country's economic and political landscape. Including rich archival materials recently released from China and Russia, this book carefully examines Mao's ideological orientation and his relationship with Stalin. Li argues that Mao made this policy shift for two reasons: his commitment to Stalin's ideas as expressed in an influential historical text compiled under Stalin's guidance on the Soviet experience of building socialism and his competitive zeal to surpass Stalin by building socialism in China faster than Stalin had achieved it in the Soviet Union. The timing of the change arose from Mao's belief that China was ready to begin building socialism and from his interpreting an ambiguous statement Stalin made in October 1952 as an endorsement of the policy shift. Situating its analysis within the larger context of the world communist movement, this carefully researched book will have a profound impact on the fields of communist studies and Sino-Soviet relations and in studies of Mao, Stalin, and their relationship.


NSC 68 and the Political Economy of the Early Cold War

NSC 68 and the Political Economy of the Early Cold War
Author: Curt Cardwell
Publisher: Cambridge University Press
Total Pages: 311
Release: 2011-06-13
Genre: History
ISBN: 1139498231

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NSC 68 and the Political Economy of the Early Cold War re-examines the origins and implementation of NSC 68, the massive rearmament program that the United States embarked upon beginning in the summer of 1950. Curt Cardwell reinterprets the origins of NSC 68 to demonstrate that the aim of the program was less about containing communism than ensuring the survival of the nascent postwar global economy, upon which rested postwar US prosperity. The book challenges most studies on NSC 68 as a document of geostrategy and argues instead that it is more correctly understood as a document rooted in concerns for the US domestic political economy.


The Marshall Plan

The Marshall Plan
Author: Benn Steil
Publisher: Simon and Schuster
Total Pages: 624
Release: 2018-02-13
Genre: History
ISBN: 1501102397

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Winner of the 2018 American Academy of Diplomacy Douglas Dillon Award Shortlisted for the 2018 Duff Cooper Prize in Literary Nonfiction “[A] brilliant book…by far the best study yet” (Paul Kennedy, The Wall Street Journal) of the gripping history behind the Marshall Plan and its long-lasting influence on our world. In the wake of World War II, with Britain’s empire collapsing and Stalin’s on the rise, US officials under new Secretary of State George C. Marshall set out to reconstruct western Europe as a bulwark against communist authoritarianism. Their massive, costly, and ambitious undertaking would confront Europeans and Americans alike with a vision at odds with their history and self-conceptions. In the process, they would drive the creation of NATO, the European Union, and a Western identity that continue to shape world events. Benn Steil’s “thoroughly researched and well-written account” (USA TODAY) tells the story behind the birth of the Cold War, told with verve, insight, and resonance for today. Focusing on the critical years 1947 to 1949, Benn Steil’s gripping narrative takes us through the seminal episodes marking the collapse of postwar US-Soviet relations—the Prague coup, the Berlin blockade, and the division of Germany. In each case, Stalin’s determination to crush the Marshall Plan and undermine American power in Europe is vividly portrayed. Bringing to bear fascinating new material from American, Russian, German, and other European archives, Steil’s account will forever change how we see the Marshall Plan. “Trenchant and timely…an ambitious, deeply researched narrative that…provides a fresh perspective on the coming Cold War” (The New York Times Book Review), The Marshall Plan is a polished and masterly work of historical narrative. An instant classic of Cold War literature, it “is a gripping, complex, and critically important story that is told with clarity and precision” (The Christian Science Monitor).


America and the Japanese Miracle

America and the Japanese Miracle
Author: Aaron Forsberg
Publisher: Univ of North Carolina Press
Total Pages: 353
Release: 2003-06-19
Genre: Political Science
ISBN: 0807860662

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In this book, Aaron Forsberg presents an arresting account of Japan's postwar economic resurgence in a world polarized by the Cold War. His fresh interpretation highlights the many connections between Japan's economic revival and changes that occurred in the wider world during the 1950s. Drawing on a wealth of recently released American, British, and Japanese archival records, Forsberg demonstrates that American Cold War strategy and the U.S. commitment to liberal trade played a central role in promoting Japanese economic welfare and in forging the economic relationship between Japan and the United States. The price of economic opportunity and interdependence, however, was a strong undercurrent of mutual frustration, as patterns of conflict and compromise over trade, investment, and relations with China continued to characterize the postwar U.S.-Japanese relationship. Forsberg's emphasis on the dynamic interaction of Cold War strategy, the business environment, and Japanese development challenges "revisionist" interpretations of Japan's success. In exploring the complex origins of the U.S.-led international economy that has outlasted the Cold War, Forsberg refutes the claim that the U.S. government sacrificed American commercial interests in favor of its military partnership with Japan.


Eisenhower and the Cold War Economy

Eisenhower and the Cold War Economy
Author: William M. McClenahan Jr.
Publisher: JHU Press
Total Pages: 323
Release: 2011-12-15
Genre: History
ISBN: 1421403625

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Throughout his two-term presidency, Dwight D. Eisenhower faced the challenge of managing a period of peacetime prosperity after more than two decades of depression, war, and postwar inflation. The essential issue he addressed was how the country would pay for the deepening Cold War and the extent to which such unprecedented peacetime commitments would affect the United States economy and its institutions. William M. McClenahan, Jr., and William H. Becker explain how Eisenhower’s beliefs and his experiences as a military bureaucrat and wartime and postwar commander shaped his economic policies. They explore the macro- and microeconomic policies his administration employed to finance the Cold War while adapting Republican ideas and Eisenhower's economic principles to new domestic and foreign policy environments. They also detail how Eisenhower worked with new instruments of government policy making, such as the Council of Economic Advisers and a strengthened Federal Reserve Board. In assessing his administration's policies, the authors demonstrate that, rather than focusing overwhelmingly on international political affairs at the expense of economic issues, Eisenhower’s policies aimed to preserve and enhance the performance of the American free market system, which he believed was inextricably linked to the successful prosecution of the Cold War. While some of the decisions Eisenhower made did not follow conservative doctrine as closely as many in the Republican Party wanted, this book asserts that his approach to and distrust of partisan politics led to success on many fronts and indeed maintained and buttressed the nation's domestic and international economic health. An important and original contribution, this examination of the Eisenhower administration's economic policy enriches our understanding of the history of the modern American economy, the presidency, and conservatism in the United States.


The Economic Cold War

The Economic Cold War
Author: I. Jackson
Publisher: Springer
Total Pages: 239
Release: 2001-03-13
Genre: Business & Economics
ISBN: 0230510922

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This book provides a new interpretation of the economic dimension of the Cold War. It examines Anglo-American trade diplomacy towards the Soviet Union and Eastern Europe from the late 1940s to the early 1960s. The book, which is based on research in American and British archives, presents new evidence to suggest that Anglo-American relations in East-West trade were characterised by friction and conflict as the two countries clashed over divergent commercial and strategic perceptions of the Soviet Union.


Economic Security and the Origins of the Cold War, 1945–1950

Economic Security and the Origins of the Cold War, 1945–1950
Author: Robert A. Pollard
Publisher:
Total Pages:
Release: 1985
Genre: BUSINESS & ECONOMICS
ISBN: 9780231881326

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Focuses on the role of economic interdependence in upholding the Western alliance and American power and shares how successive Presidents since Truman have felt compelled to defend this multilateral system for this purpose.


The Struggle to Save the Soviet Economy

The Struggle to Save the Soviet Economy
Author: Chris Miller
Publisher: UNC Press Books
Total Pages: 262
Release: 2016-10-13
Genre: History
ISBN: 1469630184

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For half a century the Soviet economy was inefficient but stable. In the late 1980s, to the surprise of nearly everyone, it suddenly collapsed. Why did this happen? And what role did Soviet leader Mikhail Gorbachev's economic reforms play in the country's dissolution? In this groundbreaking study, Chris Miller shows that Gorbachev and his allies tried to learn from the great success story of transitions from socialism to capitalism, Deng Xiaoping's China. Why, then, were efforts to revitalize Soviet socialism so much less successful than in China? Making use of never-before-studied documents from the Soviet politburo and other archives, Miller argues that the difference between the Soviet Union and China--and the ultimate cause of the Soviet collapse--was not economics but politics. The Soviet government was divided by bitter conflict, and Gorbachev, the ostensible Soviet autocrat, was unable to outmaneuver the interest groups that were threatened by his economic reforms. Miller's analysis settles long-standing debates about the politics and economics of perestroika, transforming our understanding of the causes of the Soviet Union's rapid demise.