Collision and Collusion The Strange Case of Western Aid to Eastern Europe

ISBN-10: 0312238282
ISBN-13: 9780312238285
Edition: Revised 
Authors: Janine R. Wedel
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Description: When the Soviet Union’s communist empire collapsed in 1989, a mood of euphoria took hold in the West and in Eastern Europe. The West had won the ultimate victory--it had driven a silver stake through the heart of communism. Its next planned step was  More...

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Book details

List price: $20.00
Publisher: Palgrave Macmillan Limited
Publication date: 1/13/2001
Binding: Paperback
Pages: 304
Size: 5.50" wide x 8.50" long x 1.00" tall
Weight: 0.550
Language: English

When the Soviet Union’s communist empire collapsed in 1989, a mood of euphoria took hold in the West and in Eastern Europe. The West had won the ultimate victory--it had driven a silver stake through the heart of communism. Its next planned step was to help the nations of Eastern Europe to reconstruct themselves as democratic, free-market states, and full partners in the First World Order. But that, as Janine Wedel reveals in this gripping volume, was before Western governments set their poorly conceived programs in motion. Collision and Collusion tells the bizarre and sometimes scandalous story of Western governments’ attempts to aid the former Soviet block. He shows how by mid-decade, Western aid policies had often backfired, effectively discouraging market reforms and exasperating electorates who, remarkably, had voted back in the previously despised communists. Collision and Collusion is the first book to explain where the Western dollars intended to aid Eastern Europe went, and why they did so little to help. Taking a hard look at the bureaucrats, politicians, and consultants who worked to set up Western economic and political systems in Eastern Europe, the book details the extraordinary costs of institutional ignorance, cultural misunderstanding, and unrealistic expectations.

Introduction: Some Enchanted Era
East Meets West: A New Order for the Second World
Consultants for Capitalism
A Few Favored Cliques
A Few Good Reformers: The Chubais Clan, Harvard, and Western Economic Aid
A Few Good Financiers: Wall Street Bankers and Biznesmeni
Insights from the Second World

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