When Charles de Gaulle declared that “it is because we are no longer a great power that we need a grand policy,” he neatly summarized France’s predicament on the world scene. In this compact and engaging history, author Frédéric Bozo deftly recounts France’s efforts to reconcile its proud history and global ambitions with a realistic appraisal of its capabilities, from the aftermath of World War II to the present. He provides insightful analysis of the nation’s triumphs and setbacks through the years of decolonization, Cold War maneuvering, and European unification, as well as the more contemporary challenges posed by an increasingly multipolar and interconnected world.

Using documents only recently available, this pioneering book explores the interaction of German, British, French, and American policy at a time when the great depression and the growing political power of the Nazis had created a European crisis--the only such crisis between 1910 and 1941 in which the United States played a leading role. The author uses contemporary records to rectify the later accounts of such participants as Herbert Hoover, Julius Curtius, and Paul Schmidt. He describes the negotiations of the major powers arising out of the Austro-German plans for a customs union, and relates this problem to the question of terminating reparations and war debts. He shows how the Governor of the Bank of England directed British foreign policy into bitter opposition to France and how the German government sought to exploit the German private debt to Wall Street. Edward Bennett comes to the conclusion that the Br ning government, contrary to widely held opinion, received fully as much help as it deserved, while the Western powers were already showing the disunity and irresponsibility which proved so disastrous in later years. Although primarily a diplomatic history, this book also offers fresh information on pre-Hitler Germany, MacDonald's Britain, the Hoover administration, and the early career of Pierre Laval.

Shocked by the fall of France in 1940, panicked US leaders rushed to back the Vichy governmentÑa fateful decision that nearly destroyed the AngloÐAmerican alliance. According to US Secretary of War Henry Stimson, the Òmost shocking single eventÓ of World War II was not the Japanese attack on Pearl Harbor, but rather the fall of France in spring 1940. Michael Neiberg offers a dramatic history of the American responseÑa policy marked by panic and moral ineptitude, which placed the United States in league with fascism and nearly ruined the alliance with Britain. The successful Nazi invasion of France destabilized American plannersÕ strategic assumptions. At home, the result was huge increases in defense spending, the advent of peacetime military conscription, and domestic spying to weed out potential fifth columnists. Abroad, the United States decided to work with Vichy France despite its pro-Nazi tendencies. The USÐVichy partnership, intended to buy time and temper the flames of war in Europe, severely strained AngloÐAmerican relations. American leaders naively believed that they could woo men like Philippe PŽtain, preventing France from becoming a formal German ally. The British, however, understood that Vichy was subservient to Nazi Germany and instead supported resistance figures such as Charles de Gaulle. After the war, the choice to back Vichy tainted USÐFrench relations for decades. Our collective memory of World War II as a period of American strength overlooks the desperation and faulty decision making that drove US policy from 1940 to 1943. Tracing the key diplomatic and strategic moves of these formative years, When France Fell gives us a more nuanced and complete understanding of the war and of the global position the United States would occupy afterward.

Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."

Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It was also the most overheated economy before the crisis. But in the second half of 2010, Latvia returned to economic growth. How did this happen so quickly? Current Latvian Prime Minister Valdis Dombrovskis, who shepherded Latvia through the crisis, and renowned author Anders slund discuss why the Latvian economy became so overheated; why an IMF and European Union stabilization program was needed; what the Latvian government did to resolve the financial crisis and why it made these choices; and what the outcome has been. This book offers a rare insider's look at how a national government responded to a global financial crisis, made tough choices, and led the country back to economic growth.