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Palgrave Studies in Economic History

Before the Neoliberal Turn

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

Authors: Selva, Simone

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  • - In depth discussion of U.S. foreign economic policy
    - Charts the decline of the U.S. dollar on foreign exchange markets and its relation to US balance of payments
    - Charts prolonged failure of Washington's foreign economic policies to restore U.S. financial and monetary leadership. 

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eBook 109,99 €
price for Spain (gross)
  • ISBN 978-1-137-57443-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 145,59 €
price for Spain (gross)
  • ISBN 978-1-137-57442-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.

About the authors

Simone Selva is currently Research Fellow in the history of international economic relations at the University of Naples L’Orientale and visiting scholar at New York University. A former scholar at Harvard and Oxford Universities, he specializes in the process of international financial and monetary interdependence from Bretton Woods through the 1970s. He is the author of Supra-national integration and domestic economic growth: The United States and Italy in the Western Bloc Rearmament Programs, 1945-1955. 

Reviews

“Selva’s in-depth analysis of US finance policies a welcome addition to the scholarship in aiding understanding of the actors who have co-created the market for alternative fuels through subsidies, mandates and the much-hyped knowledge-based economy. … Before the Neoliberal Turn is a valuable book for social scientists interested in the history of energy finance and American democracy.” (Ayesha Umar, LSE Business Review, blogs.lse.ac.uk, April 28, 2019)
“Simone Selva’s book attempts to make sense of this transition between Bretton Woods and the liberalization of markets and exchange rates in the 1970s and 1980s before the “Neoliberal Turn”, by giving an account of US currency and the functioning of the international monetary system. Selva brings an interesting approach to the subject, specifically tracking the role of the dollar from the 1950s to the late 1970s and the research is well documented with archival material across Europe and the US. Selva’s contribution is a solid piece of serious scholarship that helps better understand the origins of the 1970s oil crisis, and how the US managed its balance of payments. This detailed analysis will benefit financial historians of the period as well as scholars interested in energy finance and modern American historians.” (Alain Naef, Department of Economics, University of Cambridge for EH.net (October 2018), UK)

 

Table of contents (6 chapters)

Table of contents (6 chapters)
  • Introduction: The Reshaping of US Foreign Financial and Monetary Policies from the 1960s to the 1970s

    Pages 1-18

    Selva, Simone

  • Capital Account, Foreign Trade and Development Assistance: US Foreign Economic Policy in the 1960s

    Pages 19-89

    Selva, Simone

  • Oil, Private Capital Markets, Inflation: The Tottering of the International Payments System 1968–1973

    Pages 91-195

    Selva, Simone

  • The Rise of Energy Finance and the Quest for Capital Supply in the US Foreign Economic Policy 1973–1976

    Pages 197-294

    Selva, Simone

  • The Linkage Between Petrodollar Recycling and Demand Side Policies: Its Rise and Fall Under the Carter Administration

    Pages 295-351

    Selva, Simone

Buy this book

eBook 109,99 €
price for Spain (gross)
  • ISBN 978-1-137-57443-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 145,59 €
price for Spain (gross)
  • ISBN 978-1-137-57442-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
Before the Neoliberal Turn
Book Subtitle
The Rise of Energy Finance and the Limits to US Foreign Economic Policy
Authors
Series Title
Palgrave Studies in Economic History
Copyright
2017
Publisher
Palgrave Macmillan UK
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-57443-5
DOI
10.1057/978-1-137-57443-5
Hardcover ISBN
978-1-137-57442-8
Edition Number
1
Number of Pages
XIX, 423
Number of Illustrations
17 b/w illustrations
Topics