Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Nixon Shock
Download Nixon Shock full books in PDF, epub, and Kindle. Read online Nixon Shock ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Three Days at Camp David by : Jeffrey E. Garten
Download or read book Three Days at Camp David written by Jeffrey E. Garten and published by HarperCollins. This book was released on 2021-07-06 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard—breaking the link between gold and the dollar—transforming the entire global monetary system. Over the course of three days—from August 13 to 15, 1971—at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen. In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America’s dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress. Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten’s own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.
Download or read book Nixon Shock written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-02 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Nixon Shock In 1971, in response to rising inflation, President Richard Nixon of the United States of America implemented a series of economic measures, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold. These measures were collectively referred to as the Nixon shock. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Nixon shock Chapter 2: Gold standard Chapter 3: Reserve currency Chapter 4: Hard currency Chapter 5: Bretton Woods system Chapter 6: Devaluation Chapter 7: Foreign exchange reserves Chapter 8: International finance Chapter 9: History of the United States dollar Chapter 10: Triffin dilemma Chapter 11: Monetary hegemony Chapter 12: Smithsonian Agreement Chapter 13: Robert Triffin Chapter 14: Currency intervention Chapter 15: Exorbitant privilege Chapter 16: Fixed exchange rate system Chapter 17: Exchange-rate flexibility Chapter 18: International monetary system Chapter 19: London Gold Pool Chapter 20: History of monetary policy in the United States Chapter 21: United States and the International Monetary Fund (II) Answering the public top questions about nixon shock. (III) Real world examples for the usage of nixon shock in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Nixon Shock.
Book Synopsis The Last Liberal Republican by : John Roy Price
Download or read book The Last Liberal Republican written by John Roy Price and published by University Press of Kansas. This book was released on 2023-11-17 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Last Liberal Republican is a memoir from one of Nixon’s senior domestic policy advisors. John Roy Price—a member of the moderate wing of the Republican Party, a cofounder of the Ripon Society, and an employee on Nelson Rockefeller’s campaigns—joined Daniel Patrick Moynihan, and later John D. Ehrlichman, in the Nixon White House to develop domestic policies, especially on welfare, hunger, and health. Based on those policies, and the internal White House struggles around them, Price places Nixon firmly in the liberal Republican tradition of President Theodore Roosevelt, New York governor Thomas E. Dewey, and President Dwight Eisenhower. Price makes a valuable contribution to our evolving scholarship and understanding of the Nixon presidency. Nixon himself lamented that he would be remembered only for Watergate and China. The Last Liberal Republican provides firsthand insight into key moments regarding Nixon’s political and policy challenges in the domestic social policy arena. Price offers rich detail on the extent to which Nixon and his staff straddled a precarious balance between a Democratic-controlled Congress and an increasingly powerful conservative tide in Republican politics. The Last Liberal Republican provides a blow-by-blow inside view of how Nixon surprised the Democrats and shocked conservatives with his ambitious proposal for a guaranteed family income. Beyond Nixon’s surprising embrace of what we today call universal basic income, the thirty-seventh president reordered and vastly expanded the patchy food stamp program he inherited and built nutrition education and children’s food services into schools. Richard Nixon even almost achieved a national health insurance program: fifty years ago, with a private sector framework as part of his generous benefits insurance coverage for all, Nixon included coverage of preexisting conditions, prescription drug coverage for all, and federal subsidies for those who could not afford the premiums. The Last Liberal Republican will be a valuable resource for presidency scholars who are studying Nixon, his policies, the state of the Republican Party, and how the Nixon years relate to the rise of the modern conservative movement.
Book Synopsis The Great Inflation by : Michael D. Bordo
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Book Synopsis Seize the Hour by : Margaret MacMillan
Download or read book Seize the Hour written by Margaret MacMillan and published by . This book was released on 2006 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: In February 1972, Nixon amazed the world with a trip to China. He was the first US President to go there - in fact officially the first American since the Communist takeover. It was like a visit to the far side of the moon, but also a brilliant stroke of policy. With China on side Nixon could get out of Vietnam; US technology could help Mao recover from his disastrous Cultural Revolution; most of all, both needed a buttress against Soviet Russia in aggressive mood. Yet the visit set a tone that still lingers. Did the Chinese see Nixon, coming to them, as a supplicant, and has the US been at a disadvantage ever since? Will the two countries cooperate, or will China challenge American dominance? Not just a great historical event, the visit is a great story too, filled with extraordinary people: Nixon himself, red-baiter, crook and shrewd statesman; Mao, frail, erratic, ruthless; the twin machiavellis Chou En-lai and Henry Kissinger; brittle Pat Nixon with her designer coat of 'prostitute's red'; and Mao's wife Jiang Qing, a small-time Shanghai actress now scourge of Chinese civilization. The clash of cultures was almost deafening too: China ancient and contemptuous, with nothing to learn from barbarians beyond the Middle Kingdom, the USA so different but also in its own eyes exceptional - the beacon for the world.
Book Synopsis Economic Policy and the Great Stagflation by : Alan S. Blinder
Download or read book Economic Policy and the Great Stagflation written by Alan S. Blinder and published by Elsevier. This book was released on 2013-09-11 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.
Book Synopsis Two Nixon Shocks and Japan-U.S. Relations by : Atsushi Kusano
Download or read book Two Nixon Shocks and Japan-U.S. Relations written by Atsushi Kusano and published by . This book was released on 1987 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Shadowmaker written by Joan Lowery Nixon and published by Delacorte Press. This book was released on 2013-09-25 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: For fans of Gillian Flynn, Caroline Cooney, and R.L. Stine comes Shadowmaker from four-time Edgar Allen Poe Young Adult Mystery Award winner Joan Lowery Nixon. When Katie Gillian and her mother move from Houston to a small Texas town, they never imagine that violence and intrigue will interrupt their six-month stay. Could the two bodies found have anything to do with the newspaper articles Katie’s reporter mother is writing—or with the shadowy figures Katie has noticed lurking outside her house at night? “Strong female characters[,]…affecting and fast-paced, this mystery delivers.” –Publishers Weekly “Nixon deftly weaves the ordinary difficulties of a new kid in school into a suspenseful mystery…[and her] characters are interestingly complicated.” –Booklist “[A] smoothly knit novel.” –Kirkus Reviews
Book Synopsis Powerful and Brutal Weapons by : Stephen P Randolph
Download or read book Powerful and Brutal Weapons written by Stephen P Randolph and published by Harvard University Press. This book was released on 2009-06-30 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: As America confronts an unpredictable war in Iraq, Randolph returns to an earlier conflict that severely tested our civilian and military leaders. In 1972, America sought to withdraw from Vietnam with its credibility intact, with President Nixon and National Security Advisor Kissinger hoping that gains on the battlefield would strengthen their position at the negotiating table. Randolph's intimate chronicle of the commander-in-chief gains us unprecedented access to how these strategic assessments were made and played out.
Book Synopsis How China Escaped Shock Therapy by : Isabella M. Weber
Download or read book How China Escaped Shock Therapy written by Isabella M. Weber and published by Routledge. This book was released on 2021-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Book Synopsis The Invisible Bridge by : Rick Perlstein
Download or read book The Invisible Bridge written by Rick Perlstein and published by Simon and Schuster. This book was released on 2015-08-11 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt: The best-selling author of Nixonland presents a portrait of the United States during the turbulent political and economic upheavals of the 1970s, covering events ranging from the Arab oil embargo and the era of Patty Hearst to the collapse of the South Vietnamese government and the rise of Ronald Reagan.
Book Synopsis The Future of the Dollar by : Eric Helleiner
Download or read book The Future of the Dollar written by Eric Helleiner and published by Cornell University Press. This book was released on 2012-09-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. In recent years, however, the dollar's preponderant position in world markets has come under challenge. The dollar has been more volatile than ever against foreign currencies, and various nations have switched to non-dollar instruments in their transactions. China and the Arab Gulf states continue to hold massive amounts of U.S. government obligations, in effect subsidizing U.S. current account deficits, and those holdings are a point of potential vulnerability for American policy. What is the future of the U.S. dollar as an international currency? Will predictions of its demise end up just as inaccurate as those that have accompanied major international financial crises since the early 1970s? Analysts disagree, often profoundly, in their answers to these questions. In The Future of the Dollar, leading scholars of dollar's international role bring multidisciplinary perspectives and a range of contrasting predictions to the question of the dollar's future. This timely book provides readers with a clear sense of why such disagreements exist and it outlines a variety of future scenarios and the possible political implications for the United States and the world.
Book Synopsis Nixon and Mao by : Margaret MacMillan
Download or read book Nixon and Mao written by Margaret MacMillan and published by Random House. This book was released on 2007-02-13 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Margaret MacMillan, praised as “a superb writer who can bring history to life” (The Philadelphia Inquirer), brings her extraordinary gifts to one of the most important subjects today–the relationship between the United States and China–and one of the most significant moments in modern history. In February 1972, Richard Nixon, the first American president ever to visit China, and Mao Tse-tung, the enigmatic Communist dictator, met for an hour in Beijing. Their meeting changed the course of history and ultimately laid the groundwork for the complex relationship between China and the United States that we see today. That monumental meeting in 1972–during what Nixon called “the week that changed the world”–could have been brought about only by powerful leaders: Nixon himself, a great strategist and a flawed human being, and Mao, willful and ruthless. They were assisted by two brilliant and complex statesmen, Henry Kissinger and Chou En-lai. Surrounding them were fascinating people with unusual roles to play, including the enormously disciplined and unhappy Pat Nixon and a small-time Shanghai actress turned monstrous empress, Jiang Qing. And behind all of them lay the complex history of two countries, two great and equally confident civilizations: China, ancient and contemptuous yet fearful of barbarians beyond the Middle Kingdom, and the United States, forward-looking and confident, seeing itself as the beacon for the world. Nixon thought China could help him get out of Vietnam. Mao needed American technology and expertise to repair the damage of the Cultural Revolution. Both men wanted an ally against an aggressive Soviet Union. Did they get what they wanted? Did Mao betray his own revolutionary ideals? How did the people of China react to this apparent change in attitude toward the imperialist Americans? Did Nixon make a mistake in coming to China as a supplicant? And what has been the impact of the visit on the United States ever since? Weaving together fascinating anecdotes and insights, an understanding of Chinese and American history, and the momentous events of an extraordinary time, this brilliantly written book looks at one of the transformative moments of the twentieth century and casts new light on a key relationship for the world of the twenty-first century.
Download or read book Climate Shock written by Gernot Wagner and published by Princeton University Press. This book was released on 2016-04-19 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: How knowing the extreme risks of climate change can help us prepare for an uncertain future If you had a 10 percent chance of having a fatal car accident, you'd take necessary precautions. If your finances had a 10 percent chance of suffering a severe loss, you'd reevaluate your assets. So if we know the world is warming and there's a 10 percent chance this might eventually lead to a catastrophe beyond anything we could imagine, why aren't we doing more about climate change right now? We insure our lives against an uncertain future—why not our planet? In Climate Shock, Gernot Wagner and Martin Weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences. They show that the longer we wait to act, the more likely an extreme event will happen. A city might go underwater. A rogue nation might shoot particles into the Earth's atmosphere, geoengineering cooler temperatures. Zeroing in on the unknown extreme risks that may yet dwarf all else, the authors look at how economic forces that make sensible climate policies difficult to enact, make radical would-be fixes like geoengineering all the more probable. What we know about climate change is alarming enough. What we don't know about the extreme risks could be far more dangerous. Wagner and Weitzman help readers understand that we need to think about climate change in the same way that we think about insurance—as a risk management problem, only here on a global scale. With a new preface addressing recent developments Wagner and Weitzman demonstrate that climate change can and should be dealt with—and what could happen if we don't do so—tackling the defining environmental and public policy issue of our time.
Book Synopsis Closing the Gold Window by : Joanne Gowa
Download or read book Closing the Gold Window written by Joanne Gowa and published by Cornell University Press. This book was released on 2019-05-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis China-Japan Rapprochement and the United States by : Ryūji Hattori
Download or read book China-Japan Rapprochement and the United States written by Ryūji Hattori and published by . This book was released on 2021-12 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Based on extensive original research including interviews with key participants, this book examines how, following Richard Nixon's famous visit to China in 1972, Japan established formal diplomatic relations with China, doing so before the United States and other western countries. It considers the key personalities - prime minister Tanaka and foreign minister Ōhira on the Japanese side, and Zhou Enlai on the Chinese side, outlines how the discussions unfolded, and discusses the key issues which divided the two sides and how these issues were resolved: Japanese war reparations to China, how the two countries perceived their past, how Taiwan should be treated, and possession of the Senkaku Islands. The book also shows how Tanaka and Ōhira sought to reconcile China-Japanese relations with the US-Japan Security Treaty and to continue non-governmental exchanges with Taiwan following the severing of relations. Overall, the book emphasises that the nature of the relationship established in 1972 continues to be very important for understanding present day China-Japan relations"--
Book Synopsis Nixon and Mao by : Margaret MacMillan
Download or read book Nixon and Mao written by Margaret MacMillan and published by Random House Trade Paperbacks. This book was released on 2008-03-11 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Margaret MacMillan, praised as “a superb writer who can bring history to life” (The Philadelphia Inquirer), brings her extraordinary gifts to one of the most important subjects today–the relationship between the United States and China–and one of the most significant moments in modern history. In February 1972, Richard Nixon, the first American president ever to visit China, and Mao Tse-tung, the enigmatic Communist dictator, met for an hour in Beijing. Their meeting changed the course of history and ultimately laid the groundwork for the complex relationship between China and the United States that we see today. That monumental meeting in 1972–during what Nixon called “the week that changed the world”–could have been brought about only by powerful leaders: Nixon himself, a great strategist and a flawed human being, and Mao, willful and ruthless. They were assisted by two brilliant and complex statesmen, Henry Kissinger and Chou En-lai. Surrounding them were fascinating people with unusual roles to play, including the enormously disciplined and unhappy Pat Nixon and a small-time Shanghai actress turned monstrous empress, Jiang Qing. And behind all of them lay the complex history of two countries, two great and equally confident civilizations: China, ancient and contemptuous yet fearful of barbarians beyond the Middle Kingdom, and the United States, forward-looking and confident, seeing itself as the beacon for the world. Nixon thought China could help him get out of Vietnam. Mao needed American technology and expertise to repair the damage of the Cultural Revolution. Both men wanted an ally against an aggressive Soviet Union. Did they get what they wanted? Did Mao betray his own revolutionary ideals? How did the people of China react to this apparent change in attitude toward the imperialist Americans? Did Nixon make a mistake in coming to China as a supplicant? And what has been the impact of the visit on the United States ever since? Weaving together fascinating anecdotes and insights, an understanding of Chinese and American history, and the momentous events of an extraordinary time, this brilliantly written book looks at one of the transformative moments of the twentieth century and casts new light on a key relationship for the world of the twenty-first century.
