Relations between Nicaragua and the Socialist Countries

Bibliographic Data

ID4547394
AuthorsRubén Berríos (0000-0002-3036-8311, Group for the Analysis of Development, corresponding author)
Year1985
Volume27
Issue3
Pages111-139
Publication date1985-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Interamerican Studies and World Affairs (JOURNAL)
Journal identifiersISSN: 0022-1937 • E-ISSN: 2162-2736
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/165602
OpenAlexW2783276079
LanguageEN
Citations received3
References cited16

Since the Late 1960s, due to détente and rising nationalism in Latin America, the Soviet Union and the Eastern European countries have succeeded in expanding diplomatic relations with most countries in the Western Hemisphere (Blasier, 1984; Fichet, 1981). For an increasing number of Third World nations, the Council of Mutual Economic Assistance (CMEA) countries of Eastern Europe have become a source of trade, credits, technical assistance and political support. Hence, many Third World countries view CMEA agreements as a means of strengthening their negotiating position vis-á-vis the United States and other developed countries. In turn, the CMEA countries have stepped up their commercial activity irrespective of the nature of the governments of the recipient countries. In the case of Latin America, CMEA ability to provide such funding is restrained by their own economic limitations, by geographical distance and by the shortage of foreign exchange. These factors discourage risky commitments in a region that is peripheral to essential security concerns of the CMEA countries

Developing country · Development economics · Economic growth · Economic shortage · Economics · Government (linguistics) · International trade · Latin Americans · Negotiation · Political science · Politics · Position (finance) · Soviet union · International Development and Aid · International Relations in Latin America

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