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22 - Europe

from Part VII - The End of the Regional Cold Wars

Published online by Cambridge University Press:  19 March 2020

Lorenz M. Lüthi
Affiliation:
McGill University, Montréal
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Summary

At the turn of the 1970s/1980s, the two halves of divided Europe overcame their parallel economic crises. Ballooning Eastern European debt to the non-socialist world, the Polish Crisis in 1980-81, and the economic impact of the Afghanistan War and the Iraq-Iran War permanently undermined Soviet hegemony in Eastern Europe. By late 1981, the USSR had neither the economic means nor the military stomach to maintain its influence by brute force. As a consequence, Hungary, Poland, and East Germany turned to the western world for credit and economic advice, which in turn accelerated the erosion of Soviet dominance. At the same time, western countries underwent a conservative transformation that partially helped to overcome the economic crises of the late 1970s that had emerged in the aftermath of the American abolition of the Bretton Woods system and the two Middle East oil shocks. In the 1980s, they emerged strengthened in economy terms and unified against the final Soviet attempt to seek supremacy in all of Europe through the stationing of intermediate-range nuclear missiles in East Europe. The structures for the end of the regional Cold War were in place.

Type
Chapter
Information
Cold Wars
Asia, the Middle East, Europe
, pp. 538 - 562
Publisher: Cambridge University Press
Print publication year: 2020

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  • Europe
  • Lorenz M. Lüthi, McGill University, Montréal
  • Book: Cold Wars
  • Online publication: 19 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108289825.030
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  • Europe
  • Lorenz M. Lüthi, McGill University, Montréal
  • Book: Cold Wars
  • Online publication: 19 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108289825.030
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Europe
  • Lorenz M. Lüthi, McGill University, Montréal
  • Book: Cold Wars
  • Online publication: 19 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108289825.030
Available formats
×