Publications

The Coming Soviet Crash

Type
Link
Cost
Paid
Published
1989
Updated
1990
Full Name
The Coming Soviet Crash: Gorbachev's Desperate Pursuit of Credit in Western Financial Markets

The Coming Soviet Crash demonstrates that rampant inflation and a huge budget deficit have ravaged the Soviet economy and are forcing Mikhail Gorbachev into a frenzied search for Western credit. Public and private Western sources are too eager to provide money without understanding exactly what they're financing. This book argues that if Western financial aid is to be used to influence Soviet behavior, the United States must fully maximize its present great leverage by coordinating and controlling the movement of capital or dangerously risk American security in the future.

  • This book provides a fresh, unorthodox perspective that offers a convincing interpretation of Gorbachev’s plans for perestroika.

  • Shelton's analysis offered alternative scenarios for U.S. policymakers who must decide whether, and to what extent, American taxpayers should help bail out an ailing Soviet economy.