Search results

For years the Communist Party in the Soviet Union has been lying about the state of the economy. Now that the truth is exposed, the real situation appears to be quite desperate. Fifteen per cent of the population lives below the poverty line and 40 per cent of industry is obsolete. Where does Gorbachev go from here? The dilemma facing Gorbachev is discussed.

Most observers would acknowledge that perestroika is a good thing. The question is will it suceed on its own or should the West give it a helping hand? This article examines the arguments either way and discusses ways in which reformers in the Soviet Union can be helped.

A discussion of the political and economic status of the German Democratic Republic (GDR) in the light of the exodus of young and skilled people from the country in autumn 1989. National identity, possible reunification with West Germany, the present economic climate and the opportunities for trade are considered and the advantages and disadvantages described.

Examines the climate for business opportunities in one of Europe′s newest independent states. Places difficulties to be expected in the historical, cultural and political contexts that better business understanding requires. Also outlines the economic environment for potential foreign investors.

In the light of the recent political upheaval in Eastern Europe a comparison is made between the types of economic and political union to be found in the USSR and those at present being proposed for the member states of the European Community. The concept is taken further by envisaging the possible outcome if the USSR split up entirely into politically independent states where each could proceed towards the next stage of economic union. More realistically, it is envisaged that instead of a totally United Europe there will be some natural distancing of states from central control and a desire to retain a measure of political and economic independence.

An assessment of the current political status of East Germany, unification with West Germany and absorption of the GDR, therefore, within the European Community is given. The problems of the differences between the Eastern and Western European economies are stressed, particularly with reference to the rampant inflation rates of the former.

Eastern Europe and, perhaps most importantly, the Soviet Union are becoming increasingly accessible to the West. With glasnost taking hold and trading relations beginning to thaw, this article examines the opportunities for trade that COMECON present.