Economic Aid to the Soviet Union
Mr. Sachs, co-author of a proposal to give $30 million in aid to the Soviet Union, discussed the role of Soviet President Gorbachev in the E… read more
Mr. Sachs, co-author of a proposal to give $30 million in aid to the Soviet Union, discussed the role of Soviet President Gorbachev in the Economic Summit of the Industrialized Nations. The proposal, entitled “The Grand Bargain,” is on the table at the economic summit. He discussed the process by which the Soviet Union must adopt a market economy in order to cure its extensive financial crisis, and must begin political democratization in order to pacify its new political allies and its own citizens. close
Related Video
-
Aid to the Soviet Union
Following a ceremony honoring the Univ. of Texas swim teams for winning the NCAA championships, President Bush said the …
-
Prime Minister Major on Economic Summit
United Kingdom Prime Minister John Major briefed reporters and answered questions on the upcoming Economic Summit of the…
-
Economic Summit News Conference
President Bush briefed the press on the United States' perspective on the results of the Economic Summit of the Industri…
-
External Debt on a Global Scale
Professor Sachs' speech is part of the Wallenberg Banks Forum sponsored by Georgetown University School of Foreign Servi…