Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy [VINTAGE 2021] [FIRST EDITION, FIRST PRINTING]

Garten, Jeffrey E.

Edité par Harper Resource , an imprint of Harper Collins, New York, 2021

A propos de cet article

Fine unread condition black boards, black spine and gold spine lettering contained in a fine condition non price-clipped photographic dust jacket. Includes Praise for Three Days at Camp David; List of Other Books by Jeffrey E. Garten; Author Dedication; Introduction; Author's Note; Acknowledgments; Key Figures and Positions Held; Notes; Bibliography; Index and About the Author. Illustrated with a section of black-and-white photographic plates. ".a fascinating character-driven story. It provides critical historical perspective on America's role in the world, including the constant tension between nationalism and global engagement." - Walter Isaacson, author. ". a riveting account of one of the most consequential - if often overlooked - moments in financial history. Garten gives us Richard Nixon before the disastrous fall, making the pathos of the events all the more poignant. It's required reading for anyone eager to understand the world's current economic challenges." - William D. Cohan, author. "Garten tells a tale of gold and guarantees, secrecy and surprise, and conflict and cooperation. His fast-paced history brings the characters alive, explains complexity with clarity, and reveals America's competing impulses of leadership and retrenchment - a tension alive today." - Robert B. Zoellick, former president of the World Bank, former U.S. trade representative, and author. "Over three days at a top secret meeting at Camp David - from August 13 to 15, 1971 - President Richard Nixon and his brain trust sat down to decide the fate of the dollar. What they did changed the course of history. Since 1944, all national currencies had been valued against the U.S. dollar, which itself was convertible to gold at a fixed rate. It was a system that fueled the phenomenal recovery of Western Europe and much of East Asia from the ashes of war, together with an unprecedented expansion of middle-class prosperity in America. Yet the U.S. gold supply was dwindling dramatically, and the group at Camp David felt compelled to sever the link between the dollar and the precious metal, sending the global economy into a tailspin and creating shock waves throughout America's most important alliances. In so doing, Nixon and his team were signaling that the United States was no longer rich and powerful enough to hold up the free world economically and militarily, and that it needed help from its democratic partners. Then, as now, the pressures of globalization were bearing down on America, and nationalism and protectinism were on the rise. Then, as now, Washington was seeking a fairer trading system and imploring its allies to spend more on their own military defense. Then, as now, Ameica was asking whether the cost of global leadership was too high, and its citizens were simultaneously demanding much more attention to problems at home, including unemployment, health care, and civil rights. In abandoning the gold-dollar connection, the Nixon administration opened the way for a highly volatile and crisis-prone world economy. But at the same time, it ushered in an era of enormous expansion of trade and investment across borders, leading to four decades of continued global economic growth. In addition, after the Camp David meeting, Nixon successfully leveraged the crisis, which he himself had created, to strengthen political alliances and international economic cooperation. Three Days at Camp David takes us into the room where the decision was made to untie the dollar from gold, bringing to life the backgrounds and mind-sets of the men around the table. Based on extensive research and interviews with many participants at the Camp David meeting, and informed by his own insights from his hands-on experience in Washington and on Wall Street, plus his teaching at Yale, Garten has written the definitive record of a critical historical turning point, with significant implications for America in the years ahead." - from the jacket flaps.

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Détails bibliographiques

• Titre: Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy [VINTAGE 2021] [FIRST EDITION, FIRST PRINTING]
• Éditeur: Harper Resource , an imprint of Harper Collins, New York
• Date de parution: 2021
• Langue: anglais
• Reliure: Hardcover
• Illustrateur: Feldman, Zoya (jacket design); Tango Images (jacket photographs); Rinaldo, Tony (author photograph); Cohen Elina (book design)
• Édition: 1st Edition
• Impression: 1st Printing
• État de l'article: Fine
• État de la jaquette: Fine