This is an entry to promote research US President Reagan's confrontational policies towards the USSR. Economically, it has been said that he persuaded OPEC to raise production to decrease oil prices. As the Soviet Union was an oil producer, this added to its economic strain on top of the grain embargo begun in 1979 by US president Carter for the Soviet invasion of Afghanistan. The USSR was therefore deprived of funds to import technology and other goods. Reagan also banned technology transfer to the USSR. I recall that the US also restricted Japanese sales of computer technology to the USSR.
We can research on the numerical depth of the impact e.g. how much profits was lost. It is an interesting aspect of economic competition in the Cold War.
Chen Weilun
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