Conversely, those governments and banks that demonstrated commercial and political restraint in lending to an unreformed, militarized Soviet economy should be rewarded with far more favorable terms and conditions for future lending arrangements.

CENTERFORSECURITYPOLICY: The U.S.-Soviet Trade Agreement: Overtaken By Events

And yet, such borrowing by Moscow almost certainly will cost Western taxpayers dearly, either directly or indirectly, in the forms of subsidized, below-market credits, bad debts ultimately written off, and higher defense spending to counter the harmful consequences of perpetuating the militarized Soviet economy.

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