JOURNAL ARTICLE

Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy.

  • Published In: New Global Studies, 2023, v. 17, n. 2. P. 257 1 of 3

  • Database: Sociology Source Ultimate 2 of 3

  • Authored By: Sargent, Daniel J. 3 of 3

Abstract

And it restored the matrix of exchange rate stability that Nixon disrupted in August 1971 when he took the dollar off the gold standard, severing the connection between paper dollars and precious metal that was the foundation for the Bretton Woods monetary system enacted at the end of the Second World War. Keywords: Jeffrey E. Garten; economic policy; Bretton Woods system; Richard Nixon EN Jeffrey E. Garten economic policy Bretton Woods system Richard Nixon 257 260 4 09/05/23 20230701 NES 230701 Jeffrey E. Garten 2021. It is Connally who dominates the discussion at Camp David, where Nixon decided to suspend gold-dollar convertibility and, later, dragoons US allies into revaluing their currencies at the Smithsonian. [Extracted from the article]

Additional Information

  • Source:New Global Studies. 2023/07, Vol. 17, Issue 2, p257
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • ISSN:1940-0004
  • DOI:10.1515/ngs-2022-0044
  • Accession Number:171353262
  • Copyright Statement:Copyright of New Global Studies is the property of De Gruyter and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.