scholarly journals Innovative Financial Technologies To Facilitate Trade With Eastern Europe

2011 ◽  
Vol 8 (3) ◽  
pp. 101 ◽  
Author(s):  
John B. White ◽  
Morgan P. Miles ◽  
E. James Randall

The European Economic Community is overshadowing the great market potential of the emerging, newly liberated Eastern Bloc countries. Entering these formerly communist markets is challenging because of a lack of sound economies and weak currencies. This paper develops a model whereby North American businesses enter these markets and accept local currencies for products and services, purchase local goods with the local currency and then sell these goods through international commodity exchanges.

Author(s):  
John W. Young ◽  
John Kent

This chapter provides an overview of the Eastern and Western blocs in the 1960s. It first considers US–Soviet relations from the Cuban missile crisis to détente spanning the period 1963–1971, focusing on the talks between Nikita Khrushchev and John F. Kennedy regarding the Test Ban Treaty, before discussing the superpowers’ relations with China. It then explores unity and division in Eastern Europe and in the Western bloc, taking into account the European Economic Community, NATO, and the Western economies in the 1960s. It also analyses the rise of European détente, covering topics such as progress on pan-European contacts and the emergence of Ostpolitik.


Author(s):  
Vitalii Mikhailovich Peshkin

The subject of this research is the historical conditions for the creation of Visegrád Group – subregional organization of the Czech Republic, Slovakia, Hungary and Poland. The collapse of the system of pro-communist regimes in the countries of Central and Eastern Europe allowed the local dissident circles to create the “ideological” framework for subregional organization, which is based on the idea of the Central European identity. In the late 1980s, the idea of subregional cooperation in the socialist camp won support of a number of Western European countries. However, the initiative on the development regional cooperation in Central and Eastern Europe was taken over by the United States. The United States prompted the decision of the G7 member-states on the transfer of the European Commission a coordinating role in assisting Poland and Hungary as the flagships for conducting political and economic liberalization in Central and Eastern Europe. The novelty of this research consists in the analysis of attempts of subregional cooperation outside the framework of the European Economic Community in the late 1980s. Attention is also given to the previously unstudied criticism of the process of accession of the countries of Visegrád Group to the European Economic Community. Critical assessments substantiated by ineffectiveness of the programs of assisting the countries of Central and Eastern Europe, as well as by posing threats to the stability of the European Economic Community member-states due to inclusion of the former socialist countries into the united Europe. The main conclusion lies in the statement that the collapse of the socialist camp at the turn of the 1980s – 1990s actualized the pursuit of identity in the new world by the Central and Eastern European countries. The oath of European integration was selected as a universal method for solution of this problem. However, regional cooperation remained a relevant question, since rapprochement with the Western Europe alone could not eliminate all the contradictions between the countries. The cooperation between Poland, Hungary and Czechoslovakia became the most successful example of such cooperation and served as the prototype for creation of other subregional structures.


Author(s):  
John W. Young ◽  
John Kent

This chapter provides an overview of the Eastern and Western blocs in the 1960s. It first considers US–Soviet relations from the Cuban Missile Crisis to détente spanning the period 1963–71, focusing on the talks between Nikita Khrushchev and John F. Kennedy regarding the Test Ban Treaty, before discussing the superpowers’ relations with China. It then explores unity and division in Eastern Europe and in the Western bloc, taking into account the European Economic Community (EEC), NATO, and the Western economies in the 1960s. It also analyses the rise of European détente, covering topics such as progress on pan-European contacts and the emergence of Ostpolitik.


2021 ◽  
pp. 1-15
Author(s):  
Hugo Canihac

This article contributes to the debate about the history of the political economy of the European Economic Community (EEC). It retraces the efforts during the early years of the EEC to implement a form of ‘European economic programming’, that is, a more ‘dirigiste’ type of economic governance than is usually associated with European integration. Based on a variety of archives, it offers a new account of the making and failure of this project. It argues that, at the time, the idea of economic programming found many supporters, but its implementation largely failed for political as well as practical reasons. In so doing, it also brings to light the role of economists during the early years of European integration.


Sign in / Sign up

Export Citation Format

Share Document