Despite the unproportionately low level of Soviet economic assistance, Soviet influence in the Third World is quite considerable at present. Taking this fact as a starting point the following article examines the principles guiding relations between communist and developing countries.

The paper re-examines the role of the collapse of Soviet/Russian trade in the Finnish depression of the 1990's, using time series analysis based on a theoretical open macro model. It is shown that empirically, the strong credit expansion resulting from the simultaneous liberalization of the...