Soviet International Finance in the Gorbachev Era

by C. Richard Neu


Full Document

FormatFile SizeNotes
PDF file 5.1 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.


Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback106 pages $25.00 $20.00 20% Web Discount

This report presents a profile of Soviet international financial activity and a short history of the Soviet Union's reversal of financial fortunes that began in late 1989. Updating R-3524, it provides much new material necessitated by changes in the way the Soviet Union conducts its financial affairs. The author finds that three elements of the current Soviet financial situation are likely to have a strong influence on Soviet international finance for the next few years: (1) the near total dependence of the Soviet Union on the goodwill of Western governments if it is to borrow hard-currency funds; (2) the short maturity of Soviet international debt; and (3) slack in Soviet hard-currency accounts in the form of Soviet financial assistance to other countries.

This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.