This study links the transatlantic security system and the international monetary system during the Cold War era.

Introduction; 1. On whose shoulders? German rearmament and the Cold War burden; 2. The British 'new look' and Anglo-German relations; 3. Adenauer and 'perfidious Albion': troop reductions, support costs, and the integration of Europe, 1957¿9; 4. The Radford plan: America and its troops in Germany, 1955¿8; 5. The political economy of US troop stationing in Europe; 6. Offset and monetary policy during the Kennedy administration, 1961¿2; 7. The bargain slowly unravels: offset, troop reductions, and the balance of payments, 1962¿5; 8. The culmination of the burden-sharing conflict: Chancellor Ehrard's visit to Washington in September 1966; 9. The trilateral negotiations of 1966¿7; Conclusion.