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.

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 Fifteen per cent of the population lives below the poverty line and 40 per cent of industry is obsolete.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...

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...

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...

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...

Examines the climate for business opportunities in one of Europe′s ewest 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.