HIST 103 Lecture Notes - Lecture 17: Mixed Group, Lightning, Korean Air Lines Flight 007
Document Summary
Wartime alliance: marriage of convenience and permanent mutual suspicion . War"s end: military facts on the ground . U. s. designs (bretton woods, world bank, imf) Important internal divisions and intentions on each side. By 1960, china and su were on brink of war, to point of firing shots at one another over border. Early post 1945, britain was determined to restore and maintain its colonial empire, or at least, very large parts of it. Us was determined to tear down the colonial tradewalls that existed, erected by the colonial powers, to demolish those close trading arrangements and open up the world to american trade and investment. Countries of europe were devastated, economies were in tatters, and needed massive investments to reconstruct, and the only country capable and willing to provide assistance with these reparations was the us! Bretton woods conference was not just an attempt to plan for reconstruction of war-torn economies.