abstract:The Baker Plan was launched in October 1985 at the International Monetary Fund/World Bank meeting in Seoul, by James Baker, United States Secretary of the Treasury, as a way to combat the international debt crisis.
The premise underlying this new "Baker Plan" intended henceforth to govern dealings between the Soviet Union and the industrialized West is that Gorbachev remains a closet reformer, worthy of their trust.
The premise underlying this new "Baker Plan" -- intended henceforth to govern dealings between the Soviet Union and the industrialized West -- is that Gorbachev remains a closet reformer, worthy of their trust.