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The Economic Dimension of East—West Relations: Paper II

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The Strategic Implications of Change in the Soviet Union
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Abstract

The economic factor in the East—West security equation East—West economic relations derive their global importance from the 40-odd years old ‘grand design’ of East—West bipolarity. Deprived of this framework, the trade flows and the corporate and financial ties between East and West make up, no doubt, a provincial and rather antiquated segment in the rich variety of international economic interactions. In quantitative terms, the importance of these links has been marginal, and even declining lately, for all those actors involved other than some of the small, resource-poor East European economies.

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Notes

  1. For an excellent elaboration of related perceptions and fear, see Raymond Vernon, ‘The Fragile Foundations of East—West Trade’, Foreign Affairs, Summer 1979, pp. 1035–52.

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  2. For an excellent analysis of this dilemma, see Charles Bukowski, ‘The Dilemma of Economic Reform and Political Legitimacy in Eastern Europe, Coexistence, 23 (1986), pp. 227–30

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  3. Jan Zielonka, ‘East—West Trade: Is There a Way Out of the Circle?’, The Washington Quarterly, Winter 1988, p. 37.

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  4. Michael Mandelbaum, ‘Ending the Cold War’, Foreign Affairs, Spring 1989, pp. 36–7.

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  5. Paul Marer, ‘The Economies and Trade of Eastern Europe’, in: William E. Griffith (Ed.), Central and Eastern Europe: the Opening Curtain?, (Boulder Co, San Francisco CA & London: Westview Press, 1989), p. 52.

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  6. Jeffrey D. Sachs, ‘Making the Brady Plan Work’, Foreign Affairs, Summer 1989, pp. 102–3.

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Authors

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François Heisbourg

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© 1990 International Institute for Strategic Studies

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Lang, L. (1990). The Economic Dimension of East—West Relations: Paper II. In: Heisbourg, F. (eds) The Strategic Implications of Change in the Soviet Union. International Institute for Strategic Studies Conference Papers. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11807-6_9

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