The Economic Diplomacy Of The Suez Crisis

• The Economic Diplomacy Of The Suez Crisis
  Diane Kunz - University of North Carolina Press, 1991 - xii+295pp. - £43.95

'The last gasp of a declining power ... perhaps in 200 years the US will know how we feel'. Cynical and realistic as ever Harold Macmillan got it right. Only the time-scale of his prediction was wrong. Within forty years the United States too has begun to find its freedom of action restrained by economic weakness. Thirty-five years after Suez, US troops were landing in the Middle East to fight a war of principle – but a war which could not have been fought without the financial donations thrown into the collecting tin by the Japanese.