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The Role of Foreign Participationin Soviet Industrialization: An Institutional View

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  • B. Korneychuk

Abstract

The foreign participation in USSR industrialization is considered to be a factor of institutional development of Soviet society. The paper considers the intellectual contribution of foreign specialists in the creation of important industrial projects. Foreign businessmen and specialists had considerable difficulties in their activity under influence of hostile institutional environment. Nevertheless, their professional success demonstrated the advantages of capitalism and conduced to dangerous spread of capitalist values into working class consciousness. Using repressions and propaganda, communist leaders institutionalized isolationism, i.e. watchful attitude to Western countries and belief in ability to solve any economic problem relying upon internal resources.

Suggested Citation

  • B. Korneychuk, 2015. "The Role of Foreign Participationin Soviet Industrialization: An Institutional View," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 9.
  • Handle: RePEc:nos:voprec:y:2015:id:117
    DOI: 10.32609/0042-8736-2015-9-109-123
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