Conclusion: Dissecting the Interrelationship Between Transnational Capital Markets, Energy Finance, and Development Policies

Simone Selva
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Simone Selva: University of Naples – L’Orientale

Chapter 6 in Before the Neoliberal Turn, 2017, pp 353-375 from Palgrave Macmillan

Abstract: Abstract This chapter outlines the main continuities and discontinuities in the history of US foreign financial and monetary policies from the late 1950s through to the end of the 1970s that this study charted. It pinpoints the main research trajectories and outcomes of the book and suggests that the start of the Volcker monetary revolution in 1979 marked a watershed in the history of both US foreign economic policy and the Bretton Woods international economic institutions. This chapter outlines the main continuities and discontinuities in the history of US foreign financial and monetary policies from the late 1950s through to the end of the 1970s that this study charted. It pinpoints the main research trajectories and outcomes of the book and suggests that the start of the Volcker monetary revolution in 1979 marked a watershed in the history of both US foreign economic policy and the Bretton Woods international economic institutions.

Keywords: Volcker revolution; IMF; US balance of payments on capital account; Demand-management policies; Eurocurrency markets; IBRD; Federal Reserve System; OPEC (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-1-137-57443-5_6

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DOI: 10.1057/978-1-137-57443-5_6

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