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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (144076)	5/9/2001 5:50:53 PM
From: Scumbria	Read Replies (1) \| Respond to of 769667

Neo, The central question, of course, is why the USSR collapsed. The author explains the whole process in great detail, and shows how in the period after 1965, the growth rate of the Soviet economy began to slow down. Between 1965 and 1970, the growth rate was 5.4 per cent. Over the next seven year period, between 1971 and 1978, the average rate of growth was only 3.7 per cent. This compared to an average of 3.5 per cent for the advanced capitalist economies of the OECD. In other words, the growth rate of the Soviet Union was no longer much higher than that achieved under capitalism, a disastrous state of affairs. As a result, the USSR's share of total world production actually fell slightly, from 12.5 per cent in 1960 to 12.3 per cent in 1979. In the same period, Japan increased its share from 4.7 per cent to 9.2 per cent. All Khrushchev's talk about catching up with and overtaking America evaporated into thin air. Subsequently the growth rate in the Soviet Union continued to fall until at the end of the Brezhnev period, (the "period of stagnation" as it was baptised by Gorbachov) it was reduced to zero. Scumbria