India was the Soviet Union's most important trading partner among
the less developed countries (LDCs) and the largest recipient of
Soviet aid to non-socialist LDCs. Similarly the Soviet Union is one
of India's largest trade partners. In this 1991 book, Santosh
Mehrotra presents a comprehensive study of this trading
relationship and the transfer of technology from the Soviet Union.
He begins by outlining Indian economic strategy since the 1950s and
the role of Soviet and East European technical assistance. Part II
examines Soviet technological transfer to India since 1955. The
final chapters analyse Indo-Soviet trade in the 1970s and 1980s,
covering payment arrangements and bilateral trading. The book is an
exhaustive analysis of economic relations between an industrialised
planned economy and a developing market economy. It will therefore
become essential reading for students and specialists of
development economics and international relations as well as for
government and institutional economists in international trade and
finance.
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