World War II Economic Analysis

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1. World War II greatly impacted America and helped improve the economic condition of the country as a whole. Though this was a time of economic improvement for this nation, the United States was still faced with national security concerns that needed to be addressed in order for America to stay in its secure place of power within the international world order at this time. In order to ensure their national security, the United States implemented unique economic strategies in order to influence political changes and increase security both for themselves as well as the world; they implemented what Robert Blackwill and Jennifer Harris refer to in their article The Lost Art of Economic Statecraft as geoeconomics or the “economic instruments to …show more content…

The US used this economic strategy in the post World War II era in many ways and one example of this was seen in the implementation of the Marshall Plan. In order to try and maintain a peaceful world order the American government decided to assist Europe after the war and help these regions by providing financial assistance as well as reducing barriers to trade which would assist these countries in an effort to stop “the economic maladjustment which makes European society vulnerable to totalitarian movements and which Russian communism” was taking advantage of (Blackwill and Harris 2, 2016). By altering their economic strategy after the Second World War American was able to increase national security in their effort to stop he spread of communist movements, promote more free trade with the Marshal Plan which provided security as well as increased foreign demand for American goods, and maintain America’s position of power in the post war …show more content…

Russia is instigating major conflicts with multiple countries and in order to influence political change America and its allies should place sanctions on Russia. It is imperative to deal with these international issues especially if these countries do not desire to participate in military conflict with Russia in the future and it is essential that sanctions be placed strategically and in accordance with American allies in order to be fully effective. In the article Even Smarter Sanctions, author Edman Fishman speaks of how “blocking state owned enterprises from raising capital in Western financial markets and on hindering [Russia’s] energy companies efforts to develop …oil projects” in the past was successful in many regards and how these sanctions did not make Russia completely change their ways or halt their actions but did help “deter [Russia] from taking more drastic measures” (Fishman 104, 2017). Economic sanctions which targeted oil and the financial markets for example should be placed on Russia in order for the United States to not only change how Russia has been dealing with other countries, such as the US and Europe, but also help deter them from continuing to take these actions in the future which will help the structure of the international system as a whole because it will deter Russia from taking advantage of other nations. I expect that these economic sanctions will inspire political change and will deter Russia from continuing to use its influence to try

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