Closing the Gold Window: Domestic Politics and the End of Bretton Woods

In This Review

Closing the Gold Window: Domestic Politics and the End of Bretton Woods

By Joanne Gowa
Cornell University Press, 1984
208 pp.
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Professor Gowa of the University of Pennsylvania interprets the 1971 decision to break the link between the dollar and gold as the choice of national autonomy over supporting the international monetary regime. She has interviewed key people (who are often very well characterized), has some previously unpublished material, and argues well. The book is a good addition to the literature on this important subject even though it looks at only part of the story.