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

By Robert A. Pollard | Go to book overview

CHAPTER TWO
PLANNING FOR THE PEACE: BRETTON WOODS, POSTWAR RELIEF, AND SOVIET-AMERICAN RELATIONS, 1944-1945

THE BRETTON WOODS agreements of July 1944 establishing the International Monetary Fund and the World Bank marked the first major attempt by the United States to restructure the world economy. For almost three decades, the Bretton Woods institutions symbolized the American determination to maintain a world economic order based upon free trade and currency convertibility. More importantly, the 1944 conference was the foundation for later efforts to integrate the world economy under American leadership, and thereby to achieve economic security for the United States.

The Bretton Woods system was meant to be politically neutral, accommodating both capitalist and socialist countries. Yet thanks to the deterioration of Soviet-American relations soon after the war, the Soviet Union refused to participate in the new monetary and financial organizations. Moscow's failure to ratify Bretton Woods provides important insights into the origins of the Cold War.

Wartime economic planning had not focused on Soviet-American relations, and few foresaw the intense conflict that would develop between the putative superpowers after the war. Most American officials envisaged pragmatic cooperation among the great powers in the context of the United Nations Organization (UN) and tailored U.S. commercial policies to meet the needs of the Soviet Union and other state-trading countries. Washington, in short, attempted "to construct a new world economic order without first resolving the deep political differences which divided the United States and the Soviet Union."1 American champions of free trade and multilateralism actually anticipated more

-10-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Economic Security and the Origins of the Cold War, 1945-1950
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 380

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

    Already a member? Log in now.