{"id":135049,"date":"2023-06-16T16:50:50","date_gmt":"2023-06-16T23:50:50","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=135049"},"modified":"2023-06-16T16:50:50","modified_gmt":"2023-06-16T23:50:50","slug":"rise-and-fall-of-us-led-neocolonial-financial-order-from-bretton-woods-to-brics","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2023\/06\/16\/rise-and-fall-of-us-led-neocolonial-financial-order-from-bretton-woods-to-brics\/","title":{"rendered":"Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em><a class=\"yt-simple-endpoint style-scope yt-formatted-string\" dir=\"auto\" style=\"color: #0000ff;\" spellcheck=\"false\" href=\"https:\/\/www.youtube.com\/@GeopoliticalEconomyReport\">Geopolitical Economy Report<\/a><\/em><\/span><\/h2>\n\n\n<p>Ben Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the US dollar as the global reserve currency; to the 1971 Nixon Shock that ended the gold standard, Volcker Shock, Third World debt crisis, and emergence of neoliberalism; and finally to the historic growth of China and consolidation of the Global South-led BRICS bloc.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/XTq9P4avOEk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Geopolitical Economy Report Ben Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the US dollar as the global reserve currency; to the 1971 Nixon Shock that ended the gold standard, Volcker Shock, Third World debt crisis, and emergence of neoliberalism; and finally to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-135049","post","type-post","status-publish","format-standard","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/135049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=135049"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/135049\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=135049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=135049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=135049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}