Article: The Cold War: The United States and the Soviet Union, 1917-1991.

Ronald E. Powaski. Oxford University Press. [pounds]14.99 p.b. 356 pages. ISBN 0-19-507851-9.

As the twentieth century draws to a close, financial considerations loom large in US attitudes to Russia. The IMF has provided considerable sums of assistance, very much as a result of American encouragement. The calculations are more political than economic: the aim is to ensure the continuation of democracy rather than to achieve reform and progress in the Russian economy. Looking back on relations between these two countries since the Bolshevik Revolution, it is interesting to note how often improved understanding has turned on financial questions. From the Tsarist debts ...

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