United States Foreign Policy and Economic Reform in Three Giants: The U.S.S.R., China and India

"This book offers wise advice for Americans wondering how to encourage reform, "--Harry Harding, The Brookings Institiution. Three of the largest & strategically important underdeveloped nations in the World--the USSR, India, & China--are simultaneously in the throes of historic changes. Economic reform in the Giants clearly has profound consequences for their own political systems--& for the lives of their 2.2 billion people. These reforms are also prompting dramatic changes in the international political & economic order. In this fourteenth volume of ODC's U.S.-Third World Policy series, the authors address such issues as the consequences of this new outward-orientation for international trade, the response of U.S. policy to these developments, & the role of international economic institutions in helping to integrate the Giants into the world economy. The authors argue that the uncertainties of the new international setting "underscore the need for clear-headed realism but should not stand in the way of bold action to help steer history in forward direction." Their policy recommendations suggest ways to transform past threats into new opportunities.