"In a sense, the 1980s helped bring further to fruition American hopes in the mid-1940s that economic liberalism would spread American influence, although the Bretton Woods generation of the 1940s had not intended regional major indebtedness. The spread of American influence was to be taken further in the 1990s after the fall of Eastern European and Soviet Communism. Free market economies also provided a major incentive for countries to look to the USA, the largest market in the world. The reduction of tariffs made the USA a more attractive commercial partner. In another light, this was a question of the outsourcing of American manufacturing jobs, a process that owed much to the quest for cheap labour, greatly encouraged by Western investment in parts of the Third World. The free market ideology of the West, and notably of Reagan and Thatcher, and the willingness to encourage structural adjustment, helped create an economic affinity, both within the West and in the Third World, that was not matched by the Soviet Union. In particular, Chinese economic links with the USA developed rapidly."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Jeremy Black, The Cold War: A Military History (2015)
https://en.wikiquote.org/wiki/1980s
Revision History
No revisions have been submitted for this quote.
Categories
1980s
24 quotes on TrueQuotesView all quotes by 1980s →
Related Quotes
"Did it have to come to this? The paradox is that when Europe was less united, it was in many ways more independent. T…"
"What was really so bad about the ‘80s was an excess of personal freedom. [...] Think of gridlock on the freeway: ever…"
"Who ever decided that Americans were so bad off in the seventies anyway? From the right-wing revisionist propaganda t…"
"At the beginning of the 1980s the world community faces much greater dangers than at any time since the Second World …"
"And fifth, we must use the decade of the 1980's to attack the basic structural weaknesses and problems in our economy…"
"Throughout the 1980s and 90s, when many developing countries were in crisis and borrowing money from the Internationa…"
"the 1980s, when Nancy Reagan's slogan "Just Say No" passed as high-level drug education."
"I remember 1989 vividly, having spent much of that summer in Berlin before the Wall fell. And while largely peaceful …"
"[I]n the 1980s and 90s there was an extension of the autonomy of individual property owners in... a movement towards …"
"Our challenges are formidable. But there's a new spirit of unity and resolve in our country. We move into the 1980's …"