Essays on Postwar Period

What were the cause and effect of the large U.S. trade imbalance during the postwar period? Most of the years after the World War II, United States has experienced the surplus in trade. However the oil price shock that occurred between 1973 and 1974 and 1979 and 1980 together with the global recession, subsequent to the second oil price shock, deteriorated the international trade. During the same time, United State began to experience the shifts in the international competitiveness. By 1970, most of the countries, mostly the freshly industrializing countries, were progressively growing competitive in the international trade. ...

International Security

Debatably, the most potent lesson that all nations learnt from the first and second world wars, is the fact that sustaining war is one of the most expensive forms of public spending. War can drain the economic strength of a country to an extent that a country can shift from a first class economy to a middle income economy. Historians have always had to look at war as a detrimental social phenomenon that has negative impacts on the economic development of the state h, as well as the country building process. Contrary to this assumption, war has positive aspects as well. In the contexts ...

The most important preconditions of the Cold War are considered to be the "long telegram" by Kennan and Novikov's analytical review entitled "the U.S. foreign policy in the postwar period." The importance of these documents lies in their objectivity, since each of the authors of these documents describes directly the actions of the States they belonged to due to the duty of service. Kennan saw the main danger for American values ​ in subversive worldwide activities of agents of Soviet influence, in the face of the communist parties and supporters of communism in general. At the same time, Novikov considered ...