Nixon Shock Effects

The book begins by detailing the economic and political pressures leading up to Nixon's decision, including the strains on the Bretton Woods system caused by increased US spending and a weakening dollar. It then examines the immediate reactions of global financial markets and the long-term effects, such as heightened financial volatility and the shifting balance of economic power.

By connecting historical analysis with contemporary economic theory, Nixon Shock Effects provides a deeper understanding of the underlying forces that continue to shape the global economic landscape.