Properties (50)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic event
|
gptkbp:amends |
global financial landscape
|
gptkbp:associated_with |
stagflation
|
gptkbp:consequences |
currency devaluation
|
gptkbp:controversy |
economists
|
gptkbp:criticism |
lack of foresight
|
gptkbp:date |
August 15, 1971
|
gptkbp:established |
gptkb:Richard_Nixon
|
gptkbp:followedBy |
1973 oil crisis
|
gptkbp:historical_significance |
transformation of international monetary system
|
https://www.w3.org/2000/01/rdf-schema#label |
Nixon Shock
|
gptkbp:impact |
global economy
international trade relations international finance. U.S._dollar_value |
gptkbp:influenced |
domestic political pressures
Vietnam_War_funding future_U.S._economic_policies |
gptkbp:involved |
suspension of dollar convertibility to gold
|
gptkbp:is_a |
modern economic policies
|
gptkbp:is_a_celebration_of |
decisive action
|
gptkbp:is_a_gathering_for |
U.S._monetary_policy
|
gptkbp:is_a_subject_of |
economic conferences
documentaries |
gptkbp:is_featured_in |
controversial decision
|
gptkbp:is_part_of |
Nixon_administration_policies
|
gptkbp:is_studied_in |
historians
economic studies |
gptkbp:is_used_in |
academic journals
political discourse |
gptkbp:keyEvent |
U.S._economic_history
|
gptkbp:led_to |
floating exchange rates
increased speculation in currency markets increased inflation rates increased volatility in exchange rates |
gptkbp:precededBy |
gptkb:Bretton_Woods_Conference
|
gptkbp:related_to |
inflation
trade deficits |
gptkbp:resultedIn |
gptkb:end_of_the_Bretton_Woods_system
changes in monetary policy |
gptkbp:significantEvent |
U.S._history
|
gptkbp:suitableFor |
major economic policy shift
|
gptkbp:triggerType |
economic reforms
|
gptkbp:was_a_catalyst_for |
financial deregulation
|
gptkbp:was_a_factor_in |
global economic policies
U.S._economic_decline_in_the_1970s U.S._trade_policy_changes |
gptkbp:was_a_response_to |
economic pressures
global economic instability rising gold prices |