This book discusses the major proposals to reform the price system in the CMEA economy and what role the price system plays. It shows how debates on that matter have naturally led into debates on reforming all intra-CMEA economic institutions.
Three of the largest and strategically most important nations in the world--the Soviet Union, China, and India--are currently in the throes of historical change. The reforms in the giants are transforming global economic and geopolitical relations. The United States must reexamine central tenets of its foreign policy if it is to seize the opportunities presented by these changes. This pathbreaking volume in the Overseas Development Council's series analyzes economic reform in the giants and its economy to foreign trade and investment. What consequences will this have for international trade? Each giant is attempting to catch up to global technological frontiers by absorbing foreign technologies: In what areas might cooperation enhance American interests, and in what areas must the U.S. protect its competitive and strategic assets? What role can key international economic institutions play to help integrate the giants into the international economy? The contributors suggest how U.S. foreign policy should anticipate these new circumstances in ways that enhance international cooperation and security. Richard E. Feinberg is vice president of the Overseas Development Council and co-editor of the U.S. Third World Policy Perspectives series. John Echeverri-Gent is a visiting fellow at the Overseas Development Council and an assistant professor at the University of Virginia. Friedmann Miller is a visiting fellow at the Overseas Development Council and a senior research associate at Stiftung Wissenschaft and Politik, Ebenhausen, West Germany.
A study of superpower co-operation since World War II, this book examines the regulation of USA/USSR rivalry, and outlines the power of regional states to constrain and manipulate them for their own interests.
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