Abstract
The growth of East-West trade in the 1970s was accompanied by the emergence of important, functionally related forms of long-term economic cooperation across the two systems at the enterprise level.1 The course of East-West economic relations can no longer be fully understood unless adequate account is taken of these developments as well as trends in trade.2
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Notes and References
Reference in this paper is to the interaction between the socialist planned-economy countries of the ‘East’ (specifically the seven European Comecon countries) and the capitalist market-economy countries of the ‘West’ (approximately the OECD countries). The author treated the various forms of East-West cooperation conceptually in a contribution to a previous IEA conference on East-West relations. See C. McMillan, ‘The International Organisation of Inter-Firm Cooperation’, in N. Watts (ed.) Economic Relations between East and West (London: MacMillan, 1978) pp. 171–191.
These points are covered in greater detail in C. McMillan and D. St. Charles, Joint Ventures in Eastern Europe, A Three Country Comparison (Montreal: C. D. Howe Research Institute, 1974), esp. Ch. 3.
Council of Ministers Decree No. 62, 1982. H. Matejka has explored the concept of the free trade area in the context of planned economies, in her ‘A Note on Free Trade Areas between Market and Centrally Planned Economies’, in I. Dobozi and H. Matejka (eds), Policy Responses to the Changing International Economy (Budapest: Hungarian Scientific Council for World Economy, 1981).
Cf. E. Zaleski and H. Wienert, Technology Transfer between East and West (Paris: Organization for Economic Cooperation and Development, 1983) Ch. 3.
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© 1986 International Economic Association
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McMillan, C.H. (1986). Trends in Direct Investment and the Transfer of Technology. In: Csikós-Nagy, B., Young, D.G. (eds) East-West Economic Relations in the Changing Global Environment. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18400-2_14
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DOI: https://doi.org/10.1007/978-1-349-18400-2_14
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