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New Trends in Soviet Economic Relations with the Third World

Published online by Cambridge University Press:  18 July 2011

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Extract

The trend toward economic rationality in the USSR has not beenconfined to domestic issues alone. It is also manifest in the search for more advantageous and efficient procedures in foreign economic relations, specifically aid and trade with the third world. In this search for ways to secure tangible gains, Soviet relations with the developing countries are entering a new phase, in which economic considerations of profit are challenging the hitherto dominant political motivations.

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Research Article
Copyright
Copyright © Trustees of Princeton University 1970

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References

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53 Although the degree of dependence of most developing countries on trade with the USSR and its allies has not reached a high level, it should be noted that some, i.e., Afghanistan, India, Syria, and the UAR, conduct over 20% of their trade with the Soviet Bloc and have obtained even larger percentages of foreign aid component of their development plans from the Communist states.