How America's global financial power was created and shaped through its special relationship with Britain The rise of global finance in the latter half of the twentieth century has long been understood as one chapter in a larger story about the postwar growth of the United States. The Political Economy of the Special Relationship challenges this popular narrative. Revealing the Anglo-American origins of financial globalization, Jeremy Green sheds new light on Britain’s hugely significant, but often overlooked, role in remaking international capitalism alongside America. Drawing from new archival research, Green questions the conventional view of international economic history as a series of cyclical transitions among hegemonic powers. Instead, he explores the longstanding interactive role of private and public financial institutions in Britain and the United States—most notably the close links between their financial markets, central banks, and monetary and fiscal policies. He shows that America’s unparalleled post-WWII financial power was facilitated, and in important ways constrained, by British capitalism, as the United States often had to work with and through British politicians, officials, and bankers to achieve its vision of a liberal economic order. Transatlantic integration and competition spurred the rise of the financial sector, an increased reliance on debt, a global easing of regulation, the ascendance of monetarism, and the transition to neoliberalism. From the gold standard to the recent global financial crisis and beyond, The Political Economy of the Special Relationship recasts the history of global finance through the prism of Anglo-American development.

After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on Tariffs and Trade (now the World Trade Organization), the World Bank, and the International Monetary Fund--were threatened by growing economic nationalism in the United States, as demonstrated by increased trade protection and growing budget deficits. In this book, Robert Gilpin argues that American power had been essential for establishing these institutions, and waning American support threatened the basis of postwar cooperation and the great prosperity of the period. For Gilpin, a great power such as the United States is essential to fostering international cooperation. Exploring the relationship between politics and economics first highlighted by Adam Smith, Karl Marx, and other thinkers of the eighteenth and nineteenth centuries, Gilpin demonstrated the close ties between politics and economics in international relations, outlining the key role played by the creative use of power in the support of an institutional framework that created a world economy. Gilpin's exposition of the in.uence of politics on the international economy was a model of clarity, making the book the centerpiece of many courses in international political economy. At the beginning of the twenty-first century, when American support for international cooperation is once again in question, Gilpin's warnings about the risks of American unilateralism sound ever clearer.

This is the first full-length study of the fraught and controversial personal relationship between Prime Minister Harold Wilson and President Lyndon B Johnson, placed in the context of such issues as the Vitnam War, British economic weakness and the UK.

La "relation spéciale" entre le Royaume-Uni et les États-Unis. Colloque tenu à l'université de Rouen, 8 et 9 nov. 2002 Le colloque a traité de la question de civilisation britannique de l'agrégation d'anglais 2003-2004, "La relation spéciale. Royaume-Uni/États-Unis, 1945-1990 : entre mythe et réalité". Les organisateurs ont voulu donner une dimension véritablement internationale et pluridisciplinaire au colloque, en y invitant des personnalités de notoriété mondiale dans leur domaine, la juxtaposition de leurs analyses et la confrontation de leurs interprétations appuyées sur les meilleures sources apportent une contribution remarquable au thème débattu.

Examines how German reunification and the end of the Quadripartite Agreement in 1990 impacted the AngloAmerican special relationshipLuca Ratti offers new insights into the role of the Anglo-American aspecial relationship in German reunification, and examines the impact that Germanys reunification had on Anglo-American and transatlantic relations. Germanys unification in October 1990 was one of the most momentous events in modern European history and world politics since the end of World War II. German unity ended the Cold War in Europe, accelerated the collapse of communist regimes across Eastern Europe, and the disintegration of the USSR in 1991. It also triggered NATOs transformation at the London and Rome summits of the Alliance and deepened Europes political and economic integration with the signing of the treaty of Maastricht in 1992. Key FeaturesAnalyses and compares attitudes, reactions and developments in the US and BritainConsiders their interface with the views and initiatives of the West German governmentOffers new insight into an issue central to Anglo-American and transatlantic relationsIncludes interview with key decision makers involved in the negotiations in 198990 such as John Major, James Baker III, Helmut Khol and Hans Dietrich Genscher

This book reveals that 1969-74 was a crucial period for the special relationship. The Heath Government attempted to reverse Britain's decline as a great power by forging an American-European special relationship out of the Anglo-American relationship. Simultaneously the Nixon Administration tried to recoup the global position of the United States.

This book analyzes the Gold Coast and the Asante kingdom in the years following the abolition of the transatlantic slave trade and prior to the start of colonial rule. The Asante state, one of the largest in the Gold Coast and West Africa after the eighteenth century is the central focus of this work. Studying their transition from a large scale supplier of captives to the transatlantic slave trade to traders in legitimate goods is a critical component that should be analyzed across West Africa. This work highlights the political and economic relationships between the interior Asante state with surrounding African groups and Europeans, chiefly British traders who entered the region in the eighteenth and nineteenth centuries.