The British IMF Crisis, Neoliberalism, and the Cold War.

The article discusses the British IMF crisis of 1976 and its connection to neoliberalism and the Cold War. The crisis arose from economic challenges, including inflation and a declining pound, leading to negotiations with the IMF for financial assistance. US and West German policymakers viewed austerity measures as necessary to maintain Western security and prosperity amid global economic disruptions. The article highlights the complex interplay between economic policies, Cold War strategies, and international alliances during this period. [Extracted from the article]