The Economic Cold War: America, Britain and East-West Trade by I. Jackson

By I. Jackson

This e-book presents a brand new interpretation of the commercial measurement of the chilly warfare. It examines Anglo-American alternate international relations in the direction of the Soviet Union and japanese Europe from the overdue Forties to the early Nineteen Sixties. The publication, that's according to examine in American and British files, offers new facts to signify that Anglo-American kin in East-West alternate have been characterized through friction and clash because the international locations clashed over divergent advertisement and strategic perceptions of the Soviet Union.

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Extra resources for The Economic Cold War: America, Britain and East-West Trade 1948–63

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Marshall and Hoffman reasoned that by working bilaterally with each of the participating governments the ECA could determine which exports the Western European nations valued in trade with Eastern Europe. This would reduce potential conflicts over items to be prohibited to the Soviet bloc when Washington and its allies implemented a multilateral embargo on East–West trade. With the exception of Britain, the ECA was not to divulge the contents of the 1-A and 1-B lists to the participating ERP governments.

Several delegations reacted negatively to the British delegation’s calls for a limited strategic embargo. In particular Sweden and Switzerland were opposed to any restrictions whatsoever on trade with Eastern Europe. This had become apparent to ECA officials in bilateral talks with the two countries in the latter months of 1948. Essentially Sweden, Switzerland and other members of the OEEC could not under- 32 The Economic Cold War stand the logic behind the American embargo proposal, which seemed to them to contradict the objectives of the Marshall Plan.

In general, those officials at the Foreign Office who were responsible for dealing with economic recovery were most perturbed by the implications of the Mundt Amendment on British East–West trade policy. They were particularly concerned that the ERP administrator would have the power to grant or deny export licences to British firms trading with Eastern Europe. This issue was raised at a meeting between Roger Makins, a senior Foreign Office official, and Don Bliss of the American embassy in London. In registering the British government’s dissatisfaction with Section 117(d), Makins pointed out to Bliss that it was Whitehall’s impression that the Marshall Plan was designed to stimulate the growth of European East–West trade to the high levels attained before the war.

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