Comecon: the Recent Past and Perspectives for the 1980s

  • Stanislaw Wasowski


The early post-Second World War period of economic history in the Soviet-dominated sphere was characterized by the need to spend considerable amounts on rebuilding the largely destroyed economic structures of Eastern Europe. This was accomplished without foreign aid and with little foreign trade. Self-imposed separation from the West cut the area off from the Marshall Plan and other forms of cooperation and aid, while the dearth of exportable goods impeded trade with foreign countries.


Target Program Economic Integration Social Welfare Function Economic Relation International Investment 
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Notes and References

  1. 2.
    Benedykt Askanas, et al., East—West Trade and CMEA Indebtedness in the Seventies and Eighties (Vienna: Zentralsparkasse und Commerzbank, 1979) pp. 8, 13.Google Scholar
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    See also Committee for Economic Development, East—West Trade, A Common Policy for the West (New York, 1965) pp. 48, 49.Google Scholar
  3. 3.
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    J. Kleer, Integracja gospodarcza w RWPG (Warsaw: PWN, 1978) pp. 86, 95.Google Scholar
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    For a discussion, see Heinrich Machowski, “Die sozialistischen multinationalen Unternehmungen der Comecon-Länder,” Neue Zürcher Zeitung, 25 November 1977.Google Scholar
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    Katarzyna Zukrowska, “RWPG, deficyt pracy a integracja” (Comecon, Lack of Manpower and Integration), Zycie Gospodarcze, 8 April 1979, pp. 13 ff.Google Scholar
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    Adam Lipowski, “Efektywność a racjonalizacja cen” (Effectiveness and Rational Prices), Zycie Gospodarcze, 22 January 1978, p. 11.Google Scholar

Copyright information

© Michael J. Sodaro and Sharon L. Wolchik 1983

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  • Stanislaw Wasowski

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