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Why was the dollar-gold convertibility important? Which theoretical approach best explains Nixon’s decision to end convertibility?


Why was the dollar-gold convertibility important?

Which theoretical approach best explains Nixon’s decision to end convertibility?

How does this incident relate to the challenges to cooperation discussed in previous chapters?

https://www.youtube.com/watch?v=CWAmeJXRYBo.
In this interview, Professor Narlikar, president of the German Institute of Global and Area Studies (GIGA), shows that is possible to draw on liberal, realist, and radical theories to analyze the present and future of economic globalization. Quote and explain one statement that best fits with each of these approaches.

What might a constructivist have to add to Professor Narlikar’s analysis?

What is the “level of analysis” problem implicit in this analysis?

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