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Nixon Shock Effects
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7351329Nixon Shock Effectshttps://www.gandhi.com.mx/nixon-shock-effects-9788235228789/phttps://gandhi.vtexassets.com/arquivos/ids/6932446/image.jpg?v=638766862850030000177177MXNGandhiInStock/Ebooks/<p><em>Nixon Shock Effects</em> explores President Nixons 1971 decision to end the US dollars convertibility to gold, a pivotal moment that dismantled the Bretton Woods System and ushered in an era of floating exchange rates. This shift, initially intended as a temporary measure, had profound and lasting consequences on the international monetary system, fundamentally altering global finance and trade. The book argues that understanding the Nixon Shock is crucial for grasping the roots of todays economic challenges, such as currency manipulation and global trade imbalances.</p><p>The book begins by detailing the economic and political pressures leading up to Nixons 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.</p><p>By connecting historical analysis with contemporary economic theory, <em>Nixon Shock Effects</em> provides a deeper understanding of the underlying forces that continue to shape the global economic landscape.</p>...6987507Nixon Shock Effects177177https://www.gandhi.com.mx/nixon-shock-effects-9788235228789/phttps://gandhi.vtexassets.com/arquivos/ids/6932446/image.jpg?v=638766862850030000InStockMXN99999DIEbook2025Inglés