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‘To What Extent Can the Period 1945-70 Be Termed the Pax Americana With Regard To the Management of the the international economy?  

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LONDON GUILDHALL UNIVERSITY DEPARTMENT OF ECONOMICS ES325 INTERNATIONAL ECONOMIC HISTORY SINCE 1870 Essay title, 'To what extent can the period 1945-70 be termed the Pax Americana with regard to the management of the international economy' By: Abzar Choudhury Author: Abzar Choudhury Student ID: 97/281-766 Date: 26/04/00 Word count: 2,279 Pax Americana The Roman Empire evolved from centuries of hard labour and intellectual economic co-ordination such as their road networks of which the remains that has still survived in Europe and Asia to this present day is no comparison to the development of the Bretton Woods agreement of 1944. Although, the old Bretton Woods agreement had a short life, which lasted from 1944 to 1971, the period of 1945 to 1970 can certainly be termed the 'Pax American' with regard to the management of the international economy. The period as mentioned above with regard to the Bretton Woods agreement is termed 'Pax American' because America was the main driving force behind the management of the international economy....

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