East European Aid to Asian Developing Countries: The Legacy of the Communist Era

Abstract

One consequence of the democratization of Eastern Europe has been a sharp reduction in the provision of development assistance by the former Communist countries. At its high point in the mid-1980s, aid from Communist Eastern Europe to the developing countries is estimated to have peaked at between $516–537 million a year, supplementing Soviet aid of some $4–4.5 billion. Taken together, it is estimated that Soviet and East European Communist aid represented nearly 10% of total world Official Development Assistance (ODA) disbursements during that period. Following the political changes that wrought democratization to Eastern Europe, these aid flows declined drastically or even ceased. This downward shift in aid reflected a profound and widespread aversion to any ongoing East European role in international development.