Jump to ContentJump to Main Navigation
Architects of AusterityInternational Finance and the Politics of Growth$
Users without a subscription are not able to see the full content.

Aaron Major

Print publication date: 2014

Print ISBN-13: 9780804788342

Published to Stanford Scholarship Online: September 2014

DOI: 10.11126/stanford/9780804788342.001.0001

Show Summary Details
Page of

PRINTED FROM STANFORD SCHOLARSHIP ONLINE (www.stanford.universitypressscholarship.com). (c) Copyright Stanford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in SSO for personal use.date: 17 September 2021

Global Finance and the U.S. Growth Agenda

Global Finance and the U.S. Growth Agenda

(p.126) 6 Global Finance and the U.S. Growth Agenda
Architects of Austerity

Aaron Major

Stanford University Press

This chapter is a case study of the global constraints on United States economic policy making in the early 1960s, focusing on a brief but critical moment when the Kennedy administration attempted to carve out a new growth strategy for the American economy. Focusing on monetary policy, this chapter shows how the Kennedy administration was forced to compromise key aspects of its economic agenda due to the same balance of payments financing pressures that the Labour government faced.

Keywords:   Kennedy administration, Council of Economic Advisors, Revenue Act of 1964, Operation Twist, Federal Reserve, balance of payments, financial dependency

Stanford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.