Red money for the global South : East-South economic relations in the Cold War / Max Trecker.

Format:

Book

Author/Creator:

Trecker, Max, author.

Series:

Routledge studies in modern history.

Routledge studies in modern history

Language:

English

Subjects (All):

Council for Mutual Economic Assistance--History.

Council for Mutual Economic Assistance.

Cold War--Economic aspects.

Cold War.

Europe, Eastern--Foreign economic relations--Developing countries.

Europe, Eastern.

Physical Description:

1 online resource (255 pages).

Edition:

1st ed.

Place of Publication:

Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2020.

Summary:

"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.

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.

Notes:

Description based on print version record.

ISBN:

1-000-03742-8

0-429-28268-0

1-000-03736-3

9780429282683

OCLC:

1126346909