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The Role of U.S. Imports in the Soviet Growth Strategy for the Seventies

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Abstract

This paper discusses the role of machinery and equipment imports from the U.S. in achieving the goals of the Soviet Ninth and Tenth Five-Year Plans. The analysis utilizes both import data and signed agreements for future purchases to determine the extent to which the Soviets are seeking to increase efficiency of production by importing foreign technology and to identify those industries and their technologies which seem to be most critical for plan fulfillment. Finally, the paper discusses what insights this analysis provides for U.S. policy-makers and American businessmen.

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*Dr. Rushing is an Associate Professor of Economics at Georgia State University and Senior Economist at SRI International. He has published papers on the Soviet economy in both U.S. and foreign economic journals. He is currently writing a book on U.S.-USSR commercial relations.

**Ms. Lieberman is a research analyist for SRI International and a specialist in Russian studies. She has authored several studies for Stanford Research Institute on the Soviet economy and foreign trade.

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Rushing, F., Lieberman, A. The Role of U.S. Imports in the Soviet Growth Strategy for the Seventies. J Int Bus Stud 8, 31–48 (1977). https://doi.org/10.1057/palgrave.jibs.8490684

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  • DOI: https://doi.org/10.1057/palgrave.jibs.8490684

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