Bretton Woods Conference, USA
After WWII 75%of global reserves were US owned. In order to create greater global harmony, global financial institutions were set up to address post-war reconstruction supposedly to help - countries to be able to trade and therefore - economic stabilty . Part of the lending and development package was independence. It replaced colonialism with neocolonialism whereby capital from overseas plunder, resources and technology had already been accumulated in the colonising countries and land/plantations were apportioned to foreign owners. Division of labour and the nature of exports/imports and manufacturing/production were dictated by the unequal status between the major regions. Independence at this time instigated the spiralling 'debt' placing it squarely with the new politically independent states.
2007-01-26 14:09:20
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answer #1
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answered by L 3
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Three reasons.
1. Keeping empires is costly and most European countries were extremely poor at the end of WWII. Shedding their Empires meant they could balance the books.
2. There was a movement of nationalism in many of these countries and a belief that because (British Colonies especially) they had made so many sacrifices in assisting the allies to win WWII then they should be rewarded with their freedom.
3. It was American foreign policy to see the dismantling of European empires. Note what happened during the Suez crisis - the key to the failure of the Anglo French mission was the opposition to it by The United States.
2007-01-26 13:42:53
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answer #2
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answered by stgoodric 3
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For some of them it was undoubtably as a kind of thankyou for their stirling efforts in the war against the axis powers. However, not all colonies wanted independance because of the trade network and increased wealth and technology that came with European colonialism.
2007-01-26 13:42:13
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answer #3
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answered by Anonymous
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3 motives. a million. protecting empires is intense priced and optimal ecu international places were fairly undesirable on the right of WWII. shedding their Empires meant they could stability the books. 2. there replaced precise right into a flow of nationalism in loads of those international places and a concept that utilising actuality (British Colonies quite) they'd made optimal of sacrifices in helping the allies to win WWII then they could be rewarded with their freedom. 3. It replaced into American overseas places insurance to make certain the dismantling of ecu empires. be wakeful what were given right here about in the course of the Suez disaster - the authentic to the failure of the Anglo French project replaced into the competition to it through way of u.s..
2016-10-16 04:01:24
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answer #4
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answered by garfield 4
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One reason is - they fought for independence.
Vietnam is a good example. After the Second World War Vietnam fought against France for its independence, and by 1956 the French left Vietnam defeated.
2007-01-26 14:13:18
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answer #5
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answered by WMD 7
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UK was short of funds and couldn't afford the cost of administration in Empire countries so when any country showed even modest interest in going it alone they were signing the papers without further ado
2007-01-30 06:44:32
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answer #6
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answered by Professor 7
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Because the Yanks insisted.
2007-01-26 17:49:26
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answer #7
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answered by Anonymous
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Because the U.S.A. dictated to UK, and other nations that they had to.
2007-01-27 11:48:19
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answer #8
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answered by Sam 4
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