Exogenous factor shaping economic growth continent wide was the great power conflict. Countries falling for geographical and other reasons within the U.S. and Soviet spheres of influence felt strong pressure to adopt the same form of economic organization as their dominant partner. And how they orga...

The era of the 1950’s presented a wave of tension between the United States and the Soviet Union. Yet, the 1956 revolution of Hungary is relatively unknown to the pages of modern history. Unlike the better known nations which fought against their Soviet-friendly governments, Hungary was left to...