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Markets, Globalization & Development Review

Abstract

The history of the Second Age of Globalization (from 1945 through to the present) has traditionally been told through the lens of either the industrially advanced First World, or, more critically, the developing countries of the Third World. Less is known about the experience of globalization in the so-called “Second World”, the socialist states of the Soviet Union and its Eastern European satellites. The following review essay draws on recent work in the history of globalization to show that, contrary to long-held assumptions that socialism was an autarkic system that cut countries off from the wider world, post-war socialist countries were deeply integrated into and dependent on global markets and networks.

Author Bio

James Robertson is a Assistant Professor of Politics and History at Woodbury University in Burbank, California. He is a historian of modern Eastern Europe.

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.

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