Free Download Disruption: The Global Economic Shocks of the 1970s and the End of the Cold War by Michael De Groot
English | March 15, 2024 | ISBN: 1501774115 | 324 pages | PDF | 4.83 Mb
In Disruption, Michael De Groot argues that the global economic upheaval of the 1970s was decisive in ending the Cold War. Both the West and the Soviet bloc struggled with the slowdown of economic growth; chaos in the international monetary system; inflation; shocks in the commodities markets; and the emergence of offshore financial markets. The superpowers had previously disseminated resources to their allies to enhance their own national security, but the disappearance of postwar conditions during the 1970s forced Washington and Moscow to choose between promoting their own economic interests and supporting their partners in Europe and Asia.