Details

Subject(s)

• Council for Mutual Economic Assistance—History [Browse]
• Cold War—Economic aspects [Browse]
• Europe, Eastern—Foreign economic relations—Developing countries [Browse]

Series

Routledge studies in modern history. [More in this series]

Summary note

"Red Money for the Global South explores the relationship of the East with the 'new' South after decolonization, with a particular focus on the economic motives of the Council for Mutual Economic Assistance (CMEA) and other parties that were all striving for mutual cooperation. During the Cold War, the CMEA served as a forum for discussions on common policy initiatives inside the so-called 'Eastern Bloc' and for international interactions. This text analyses the economic relationship of the East with the 'new' South through three main research questions. Firstly, what was the motivation for cooperation? Secondly, what insights can be derived from CMEA negotiations about intrabloc and East-South relations alike? And finally, which mutual dependencies between East and South developed over time? The combination of analytical narrative and engagement with primary archival material from former CMEA states, and India as the most prestigious among the former European colonies, makes this text essential reading for students and instructors of Cold War history, Economic History and international relations more generally"-- Provided by publisher.

Source of description

Description based on print version record.

Contents

• Cover
• Half Title
• Series
• Title
• Copyright
• Contents
• Acknowledgment
• Introduction
• Research questions
• Important terms and their analytical application
• Archival sources
• Literature
• Structure of this book
• Part I Inner integration and first contacts with the South
• 1 The dawn of the CMEA
• Out of the ashes of the past?
• The Soviet Union as an "Imperial Scavenger?"
• The founding of the CMEA
• The fundamentals of economic integration
• New endeavors
• The permanent commissions
• The permanent commission for technical assistance
• Conclusion
• 2 Decolonization and the reaction of the East
• Embracing the colonial world
• The short-lived spirit of Bandung
• Differing development models?
• Differing motivations?
• The early years of the PCTA
• The Resource-Program
• Part II The Complex-Program
• 3 The reforms of 1971
• The road to the Complex-Program
• The content of the reforms
• Revisions
• The IIB
• Effects on the PCTA
• The Resource-Program II
• 4 The allure of the West: disintegration in the East?
• Questioning the prevalence of doing business with the West
• Syria and the Soviet bloc
• Cement for Syria: proving the merits of CMEA cooperation?
• Emerging complications
• Sidelining the comrades
• The Lebanese liaison
• A success story?
• 5 Power and dissent
• Empire, what empire?
• The pillars of empire
• The CMEA as an instrument of imperial control?
• Dissent: the Cuban case
• Dissent: the Romanian case
• The Resource-Program III
• Reasons for the failure
• Part III Red globalization
• 6 Expansion of the CMEA
• The golden 1970s?
• Relations with Iraq
• The CMEA's treaty with Iraq
• Negotiations with Mexico
• Afghanistan, Ethiopia, and Nicaragua
• New members?
• 7 The view of the South.
• CMEA stipends
• Quantifying the stipend program
• Letters to the Secretariat
• Insights into a prospective member
• An Ethiopian wish list
• Part IV Financial shockwaves
• 8 The crisis of the 1980s
• The bubble bursts
• First problems
• Crisis meetings
• The East learns from the West
• Expansion of CMEA institutions
• The debts of the South
• Differences among the creditors
• The relevance of Libya for the less developed CMEA countries
• Differences on the "developed" Western periphery of the CMEA
• Polányi's heritage
• 9 Who belongs to the "Third World", who to the "Second"? Mutual dependencies
• Decreasing competitiveness
• ISI under fire
• Penny pinchers
• Still an attractive partner?
• New projects
• Who has the power?
• Debts and power
• Who is whose periphery?
• 10 Gorbachev, India, and the CMEA
• CMEA reforms in the 1980s
• Gorbachev and the Global South
• We have a plan
• The Indo-Soviet treaty of 1971
• Trade patterns with India
• Steel for India
• The long road to Visakhapatnam
• Problems in the field
• Sources and bibliography
• Newspapers
• Bibliography
• Index.

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ISBN

• 1-000-03742-8
• 0-429-28268-0
• 1-000-03736-3

OCLC

1126346909

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