The Elusive Quest


Book Description

Leffler argues that American officials did not disregard European developments after World War I but, rather, they sought to settle the war debt and reparations controversies, to stabilize European currencies, and to revive European markets. Leffler bridges the gap between revisionist and traditionalist studies by integrating the diverse aspects of foreign policy and elucidates many new aspects of the foreign policymaking process in the postwar period. Originally published in 1979. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.













United States Foreign Policy in the Interwar Period, 1918-1941


Book Description

This study presents an in-depth survey of the principal policies and personalities of American diplomacy of the era, together with a discussion of recent historiography in the field. For two decades between the two world wars, America pursued a foreign policy course that was, according to Rhodes, shortsighted and self-centered. Believing World War I had been an aberration, Americans na^Dively signed disarmament treaties and a pact renouncing war, while eschewing such inconveniences as enforcement machinery or participation in international organizations. Smug moral superiority, a penurious desire to save money, and naíveté ultimately led to the neglect of America's armed forces even as potential rivals were arming themselves to the teeth. In contrast to the dynamic drive of the New Deal in domestic policy, foreign policy under Franklin D. Roosevelt was often characterized by a lack of clarity and, reflecting Roosevelt's fear of isolationists and pacifists, by presidential explanations that were frequently evasive, incomplete, or deliberately misleading. One of the period's few successes was the bipartisan Good Neighbor policy, which proved far-sighted commercially and strategically. Rhodes praises Cordell Hull as the outstanding secretary of state of the time, whose judgment was often more on target than others in the State Department and the executive branch.










Sovereign Financing and International Law


Book Description

In response to continuing global financial turmoil, the UN Conference for Trade and Development has produced a set of principles to govern future sovereign financing. This book expands on these principles from a legal and economic perspective to analyse how sovereign financing can be regulated to prevent similar debt crises from occurring again.




Debt and Entanglements Between the Wars


Book Description

World War I created a set of forces that affected the political arrangements and economies of all the countries involved. This period in global economic history between World War I and II offers rich material for studying international monetary and sovereign debt policies. Debt and Entanglements between the Wars focuses on the experiences of the United States, United Kingdom, four countries in the British Commonwealth (Australia, New Zealand, Canada, Newfoundland), France, Italy, Germany, and Japan, offering unique insights into how political and economic interests influenced alliances, defaults, and the unwinding of debts. The narratives presented show how the absence of effective international collaboration and resolution mechanisms inflicted damage on the global economy, with disastrous consequences.