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The Collapse of the Second World

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First World, Third World
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Abstract

The Soviet decision not to join the Bretton Woods institutions at the end of World War II was one of several which drew the Second World economically into its own shell, separating it from the rest of humanity for fifty years. The collapse of communism in eastern Europe and the Soviet Union in the years 1989–91 confronted the West and the Bretton Woods institutions in particular with a challenge of an entirely novel kind.

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© 1999 Sir William Ryrie, KCB

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Ryrie, W. (1999). The Collapse of the Second World. In: First World, Third World. Palgrave Macmillan, London. https://doi.org/10.1057/9780230596818_10

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