The Coming Soviet Crash: Gorbachev's Desperate Search for Credit in Western Financial Markets - Softcover

Shelton, Judy

 
9780029285824: The Coming Soviet Crash: Gorbachev's Desperate Search for Credit in Western Financial Markets

Synopsis

In this important book, Judy Shelton, one of America's leading experts on the Soviet economy, demonstrates that rampant inflation and a huge budget deficit, theoretically impossible under Marxism, have ravaged the Soviet economy and are forcing Mikhail Gorbachev into a frenzied search for Western credit. Public and private Western sources are too eager to provide money without understanding exactly what they're financing. Shelton argues that if Western financial aid is to be used to influence Soviet behavior - especially in arms control - the U.S. must fully maximize its present great leverage by co-ordinating and controlling the movement of capital - or dangerously risk American security in the future.

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Other Popular Editions of the Same Title

9780029285817: The Coming Soviet Crash: Gorbachev's Desperate Pursuit of Credit in Western Financial Markets

Featured Edition

ISBN 10:  002928581X ISBN 13:  9780029285817
Publisher: The Free Press, 1989
Hardcover