Essay: A Grand Bargain For America Too?

A Grand Bargain For America Too?

Up at Harvard, economists from East and West have been concocting a so- called Grand Bargain between the Western nations, led by the U.S., and the Soviet Union. The details are still secret, but the basic idea is simple: Western aid to the prostrate Soviet economy in exchange for a commitment to radical political and economic change. The numbers being bandied about are $20 billion or $30 billion a year, three or four billion of that from the U.S., for five years. "The strategy," write Graham Allison and Robert Blackwill of Harvard's John F. Kennedy School of Government in the current...

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