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The Politics of International Economic Relations, 5th Edition by Joan Edelman Spero, Jeffrey A. Hart

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East-West Economic Relations during and after the Cold War

 

The Cold War ended definitively in August 1991 with the failure of a coup directed against Mikhail Gorbachev's political and economic reforms engineered by senior members of the Soviet Communist Party. After the attempted coup, the Soviet Union itself fell apart, Russia became a separate country, and the Communist Party was abolished—albeit temporarily—by its recently elected president, Boris Yeltsin.1 One could say that the Cold War ended earlier. The acquiescence of the Soviet Union in the replacement of the Communist government of Poland with an elected coalition government including anti-Communist Solidarity leaders in 1989, the fall of Communist governments in Czechoslovakia, ...

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