Student Type
Graduate
University
Old Dominion University
Country
United States
Document Type
Conference Paper
Description/Abstract
The Cold War is often regarded as a political and economic struggle between capitalism and communism. Recent post-Cold War scholars have uncovered that the nations allied to either side were not as united as the conventional understanding of the subject has previously been thought. Using recent publications, this paper reports on the how the diverging interests between the Soviet Union and People’s Republic of China drove a wedge in the communist world. This led China to slowly embrace economic reforms and ties with the United States while the Soviet Union entered into a period of stagnation which ultimately led to its collapse. The information in this report can change how the Cold War is both understood and is taught. This gives scholars the ability to apply the changes nations made during the Cold War to track the adaptations in economic policy future states may undergo.
Disciplines
Asian Studies | Comparative Politics | International Relations | Soviet and Post-Soviet Studies
DOI
10.25776/599s-2y97
Session Title
Insight Into US-China Relations
Location
Webb Center, Isle of Wight Room
Start Date
2-10-2023 12:00 AM
End Date
2-10-2023 12:00 AM
Upload File
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Included in
Asian Studies Commons, Comparative Politics Commons, International Relations Commons, Soviet and Post-Soviet Studies Commons
The History of Cold War Economic Polices: How the Panda Outlived the Bear
Webb Center, Isle of Wight Room
The Cold War is often regarded as a political and economic struggle between capitalism and communism. Recent post-Cold War scholars have uncovered that the nations allied to either side were not as united as the conventional understanding of the subject has previously been thought. Using recent publications, this paper reports on the how the diverging interests between the Soviet Union and People’s Republic of China drove a wedge in the communist world. This led China to slowly embrace economic reforms and ties with the United States while the Soviet Union entered into a period of stagnation which ultimately led to its collapse. The information in this report can change how the Cold War is both understood and is taught. This gives scholars the ability to apply the changes nations made during the Cold War to track the adaptations in economic policy future states may undergo.