1. World problems
  2. Communist economic imperialism

Communist economic imperialism

Nature

Communist countries, like capitalist countries, undertake aid programmes with the specific aim of gaining political influence and economic benefit. Economic aid and investment is not made with the aim of building up national communist parties in Third World countries, but rather of making sure that parties already in power conform to the policies of the donor country. Communist economic aid may be a manifestation of the conflict between different communist ideologies angling for support and dominance in the communist world. It is also undertaken in rivalry to capitalist economic imperialism, particularly in the form of the military, which raises the risk of war.

Incidence

Soviet Russian purchases of eastern Europe manufactured goods at above world market price levels was a form of political subsidy for the communist regimes. These implicit subsidies reached a total of over $20,000 million in 1980.

Broader

Communism
Excellent

Aggravates

Related

Strategy

Value

Uneconomic
Yet to rate
Imperialism
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic Growth

Metadata

Database
World problems
Type
(D) Detailed problems
Subject
  • Economics » Economic
  • Metapolitics » Political theories
  • Content quality
    Presentable
     Presentable
    Language
    English
    Last update
    Oct 4, 2020