Gorbachev's Economic Strategy in the Third World (Praeger Security International) - Softcover

Graziani, Giovanni

Softcover

ISBN 10: 0275935396 ISBN 13: 9780275935399

Publisher: Praeger, 1990

Synopsis

Giovanni Graziani examines Gorbachev's reforms in terms of economic relations with the Third World and presents a detailed and sophisticated statistical analysis of Soviet economic assistance and trade. This book critically evaluates all the statistical data from Soviet and United Nations sources and presents the changing Soviet attitude toward indebtedness and the growing dissatisfaction expressed by both the Third World and the U.S.S.R. over the management of Soviet aid. The author notes a contradiction between Gorbachev's strategy and statistical evidence for the first years of his office, but stresses that the recent moves to trade with South Korea and other Asian countries are bound to affect the Soviet geographical pattern of trade. His estimates show the increasing importance of agricultural products and fuels in Soviet imports and of military equipment and fuels in its exports. Particularly interesting is what Graziani calls the oil imbroglio, a triangular trade pattern in which the U.S.S.R. has increased its imports of crude oil from the Third World for reexport to the West in order to stabilize its export earnings in hard currencies threatened by falling oil prices. The book concludes that no expansion of Soviet economic ties with the Third World is foreseen in the short run and that eventual Soviet participation in international economic organizations might further entail new conflicts with the Third World.

About this title

Review:

"When conservative think-tanks like The Center for Strategic and International Studies start being nice to the Soviet Union, you can be sure they no longer fear that it will advocate for the poor in the Third World. Graziani (international economics, U. of Bresica, Italy) sympathetically examines Gorbachev's reforms in terms of economic relations with the Third World, and presents a detailed statistical analysis of Soviet economic assistance and trade."-Reference & Research Book News

?When conservative think-tanks like The Center for Strategic and International Studies start being nice to the Soviet Union, you can be sure they no longer fear that it will advocate for the poor in the Third World. Graziani (international economics, U. of Bresica, Italy) sympathetically examines Gorbachev's reforms in terms of economic relations with the Third World, and presents a detailed statistical analysis of Soviet economic assistance and trade.?-Reference & Research Book News

Synopsis:

The author examines Gorbachev's reforms in terms of economic relations with the Third World and presents a statistical analysis of Soviet economic assistance and trade. The book critically evaluates all the statistical data from Soviet and United National sources and presents the changing Soviet attitude toward indebtedness and the growing dissatisfaction expressed by both the Third World and the USSR over the management of Soviet aid. The author notes a contradiction between Gorbachev's strategy and statistical evidence for the first years of his office, but stresses that the recent moves to trade with South Korea and other Asian countries are bound to affect the Soviet geographical pattern of trade. His estimates show the increasing importance of agricultural products and fuels in Soviet imports and of military equipment and fuels in its exports. Particularly interesting is what Graziani calls the "oil imbroglio" a triangular trade pattern in which the USSR has increased its imports of crude oil from the Third World for re-export to the West in order to stabilize its export earnings in hard currencies threatened by falling oil prices.

The book concludes that no expansion of Soviet economic ties with the Third World is foreseen in the short run and that eventual Soviet participation in international economic organizations might further entail conflicts with the Third world.

About this edition

• Publisher: Praeger
• Publication date: 1990
• ISBN 10: 0275935396
• ISBN 13: 9780275935399
• Binding: Paperback
• Number of pages: 138