The Role of the European Communities and the Council for Mutual Economic Assistance in Promoting Economic Relations between East and West

Author(s):  
M. V. Senin
1949 ◽  
Vol 3 (2) ◽  
pp. 407-407

An economic conference of representatives of Bulgaria, Hungary, Poland, Romania, the USSR and Czechoslovakia was held in Moscow in January.The conference noted the substantial achievements made in developing economic relations among the aforementioned countries, which found expression, first and foremost, in a major increase in trade. The establishment of these economic relations and the implementation of the policy of economic co-operation enabled the countries of people's democracy and the USSR to accelerate recovery and the development of their national economies.


1976 ◽  
Vol 30 (4) ◽  
pp. 631-648 ◽  
Author(s):  
Paul Marer

In analyzing the future of the Council for Mutual Economic Assistance (CMEA), it is useful to assess both the centrifugal and centripetal forces affecting regional economic integration. Centrifugal forces include the existing structure of production in Eastern Europe; problems of coordination; and inefficient price systems, among others. Centripetal forces include the worldwide energy crisis; Western inflation and recession; the growing importance of trade blocs; and numerous other factors contributing to the increasing hard-currency indebtedness of the Eastern European countries. Many of these external events have increased the attractiveness for CMEA countries of intrabloc economic relations and provided a momentum for CMEA integration. Analysis of the various forces leads to the conclusion that Soviet economic policy vis-à-vis Eastern Europe will remain crucial in determining the direction and speed of economic integration. Soviet economic involvement with Eastern Europe seems to have been costly for the USSR during the past decade and so it is not obvious that the USSR will attempt to push integration much further than it now stands.


2012 ◽  
Vol 14 (1) ◽  
pp. 34-47 ◽  
Author(s):  
Elena Dragomir

This article discusses Romania's role in the creation of the Soviet bloc's Council for Mutual Economic Assistance (CMEA) in January 1949. The article explains why Romanian leaders, with Soviet approval, proposed the creation of the CMEA and why the proposal was adopted. An analysis of Romania's support for the creation of the CMEA sheds interesting light on the stance taken by Romania in the 1960s and 1970s against the Soviet Union's attempts to use the CMEA in forging a supranational division of labor in the Soviet bloc. Romania's opposition was largely in accord with the objectives originally envisaged by Romanian leaders when the CMEA was formed.


2021 ◽  
pp. 1-19
Author(s):  
Jan Zofka

Abstract This article follows Bulgarian officials engaged in cotton and textile exchange with African states in the early Cold War. These officials founded enterprises for carrying out transactions, collected information on prices at international cotton exchanges and attended meetings of the Council for Mutual Economic Assistance (COMECON) to coordinate trade activities in capitalist markets. Exploring how Bulgarian foreign trade organizations positioned themselves on the scene of international trade, this article argues that cotton traders, instead of upholding the supposed bloc bipolarity of the Cold War, followed the logic of the markets they worked in. A focus on trade infrastructures in particular shows that early Cold War East–South trade was not as strictly bilateral as official agreements and statistics suggest and reveals the systematic embeddedness of the socialist traders’ practices in global capitalist structures. In the field of cotton, the globalizing economy of the early Cold War was not cut in half, as globalization studies have implied.


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