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Negotiations before Bretton Woods

In: International Economic Co-Operation and the World Bank

Author

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  • Robert W. Oliver

Abstract

The high tide of Axis power was reached during the autumn of 1942. In November, the British won a smashing victory at El Alamein, the American Army landed in French North Africa,1 the Russians began an offensive following the historic siege at Stalingrad, and the American Navy outlasted the Japanese in the Battle of Guadalcanal. But the North African campaign took longer than anticipated, and the Russians became suspicious that the Western Allies were deliberately delaying action on a second front and consciously holding back Lend-Lease shipments. For their part, the Russian rulers were leading their people to believe that they were receiving no aid — that they were fighting alone. There were already differences between the Allies concerning the terms of a postwar political settlement, especially with respect to Poland and Rumania.

Suggested Citation

  • Robert W. Oliver, 1996. "Negotiations before Bretton Woods," Palgrave Macmillan Books, in: International Economic Co-Operation and the World Bank, chapter 0, pages 153-181, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14081-7_7
    DOI: 10.1007/978-1-349-14081-7_7
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