A reappraisal of the significance of Communist economic activity in less-developed countries for the SEATO area and for the Free World. This paper attempts to determine whether Soviet economic competition is communist, economic, or subversive. As the Communist bloc envisages an ambitious role for its economic instrument, the effectiveness of this instrument is considered. Its attractions for the less-developed countries and its limitations as a policy tool are discussed. A possible solution for countering this long-run strategy is also suggested.
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