From Library Journal
Woods contends that while the Anglo-American Financial Agreement of 1946 enabled the United Kingdom to survive its short-term problems, it brought Britain to the verge of bankruptcy, thereby retarding its long-term rehabilitation and its capacity to oppose Soviet expansionism in Europe unaided; this necessitated a "changing of the guard." This work is more than just the tale of the arrival of the United States as a superpower and the decline of Britain. Rather, it concerns itself with power and elites, the efficacy of money and markets, personalities and bureaucracies, machinations diplomatic and imperatives political. It is the story of a nation politically, ideologically, and bureaucratically ill-suited to function as the arbiter of Europe's affairs thrust into that situation. Woods writes with verve and clarity, as well as a talent for acerbic analysis, particularly on the personal level, which is as refreshing as it is irritating. His work will undoubtedly prove definitive on this subject. Essential for academic and larger public libraries.- J.K. Sweeney, South Dakota State Univ . , Brookings
Copyright 1990 Reed Business Information, Inc.
This is a remarkable achievement. Theodore A. Wilson, University of Kansas