Russia and the World Economy analyses the major economic, historical and political obstacles to the successful integration of the Russian economy into the world economy. Alan Smith examines the role of Western assistance and advice in this process, and the potential implications of failure of reforms in Russia for global stability and international economic relations.
`Alan Smith's new book gives an excellent account of an important subject: Russia's attempt to integrate her economy into that of the world at large… The book as a whole is sober, balanced and informative… it summarises established knowledge and reviews existing rival interpretations of the workings of the old Soviet foreign trade system and their implications for Russia's future. This Alan Smith does succinctly and well. There is also, however, a story line based on Smith's own earlier work that gives the book a thrust of its own. This is also convincingly done… this study will be of considerable value to advanced students and to a specialist readership.' - Professor Philip Hanson, Slavonic and East European Review
`This book offers an interesting description of postwar trade between the Soviet Union and non-communist world. Smith presents a well documented account of imports of grain and macinery, and exports of oil and arms.' - Bert Van Selm, University of Groningen