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Oscar Sanchez-Sibony, "The Soviet Union and the Construction of the Global Market: Energy and the Ascent of Finance in Cold War Europe, 1964–1971" (Cambridge UP, 2023)

New Books in Finance

CHAPTER

The Soviet Union's Financial Power and Global Alliances

The chapter explores how the Soviet Union disrupted international financial norms by forming alliances with British banks, financing projects in global South countries, and establishing gas pipelines with Western European nations. It delves into Austria's unique position in purchasing natural gas from the Soviet Union and the challenges faced in balancing economic interests with global market liberalization. The discussion also highlights the historical events and negotiations that shaped the Soviet Union's relationships with different countries during the Cold War era.

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