Promoting Democracy and Free Markets in Eastern Europe

By Charles Wolf Jr. | Go to book overview
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8

Steven W Popper



Aid from Western Governments: The First Steps

The old order in Eastern Europe is gone. The degree of disarray in the former institutions of power is profound; these seem unlikely to play a significant part in reshaping the region. The success of the successor regimes and the stability of individual nations are not assured, however. To a great extent, domestic political consensus and institution building, national security, and even regional stability will depend upon resolving the economic crisis facing each nation in the region. If for no other reason, this makes the successful resolution of economic crisis an object of policy interest for the West. 1 The question of what the West might do actively to aid the process naturally arises.

This paper considers the question of the West's role in normative terms. After providing a context for discussing the general phenomenon of Western economic assistance, it provides a view of what governments, in particular, can and ought to do during the earliest stages of transforming the economic realities of Eastern Europe.

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