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Red Money for the Global South: East-South Economic Relations in the Cold War

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Red Money for the Global South explores the relationship of the East with the “new” South after decolonization, with a particular focus on the economic motives of the Council for Mutual Economic Assistance (CMEA) and other parties that were all striving for mutual cooperation.



During the Cold War, the CMEA served as a forum for discussions on common policy initiatives inside the so-called “Eastern Bloc” and for international interactions. This text analyzes the economic relationship of the E...