Abstract
The growth registered in the exchanges between the centrally planned economies of Eastern Europe and market economies (here-after, CPEs and MEs) constitutes an unquestionable historic fact, characteristic of the 1960s and 1970s. However, the atmosphere surrounding these exchanges has noticeably worsened during the last two decades; it has moved from the euphoric enthusiasm fashionable at the beginning to cool suspicion at the end of the 1970s. We do not intend to analyse in this paper the causes of this reversal, which are political as much as purely economic.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes and References
Mcmillan, C., ‘East-West Industrial Co-operation’, in East European Economies post-Helsinki, Compendium of papers submitted to the JEC of US Congress (Washington, 1977)
Levcik, F. and Stankowsky, J., Industrial Co-operation between East and West (London: Macmillan, 1979)
Lavigne, M., Les relations économiques Est-Ouest, coll: Economie d’aujourd’hui, (Paris: PUF, 1979).
OECD, Les échanges Est-Ouest: l’évolution récente des échanges compensés (Paris: 1981) p. 8.
For discussion of these two concepts — use-value and exchange-value — first introduced by Aristotle which have since almost disappeared from economic theory, see Langholm, O., Price and Value in the Aristotelian Tradition: a Study in Scholastic Economic Sources (Oslo: Bergen UP 1979) p. 30.
Boulding, K., A Preface to Grant Economics: The Economy of Love and Fear (New York: Praeger, 1981).
Shackle, G. L., Epistemics and Economics: A Critique of Economic Doctrines (Cambridge UP, 1972)
Marczewski, J., Politique monétaire et financiére du III Reich (Paris: Lib. du Receuil, Sirey, 1941)
Dembinski, P., L’endettement de la Pologne ou les limites d’un système (Paris: Anthropos, 1984).
Portes, R., ‘The Impact of External Shocks on Centrally Planned Economies: Theoretical Considerations’, Paper presented at the 7th World Congress of the International Economic Association, Madrid, Sept. 1983 (to be published by Macmillan)
Balassa, B. and Tyson, L., ‘Adjustment to external shocks in Socialist and Private Market Economies, Paper presented at the 7th World Congress of the International Economic Association, Madrid, 19834 (to be published by Macmillan)
Drabek, Z., ‘External Disturbances and the Balance of Payments Adjustment in the Soviet Union’, Aussenwirtschaft, Heft II (1983).
Garvy, G., Money, Financial Flows and Credit in the Soviet Union, NBER (Cambridge, Mass.: Ballinger Pub., 1977)
Portes, R., ‘Central Planning and Monetarism: Fellow Travellers?’, in Marxism, Central Planning and Soviet Economy, economic essays in honour of A. Erlich, P. Desai (ed.) (Cambridge, Mass.: MIT Press, 1983)
Smith, A., The Planned Economies of Eastern Europe, (London: Croom Helm, 1983)
Zwass, A., Money, Banking and Credit in the Soviet Union and Eastern Europe (New York: Macmillan, 1979)
Traimond, P., Le rouble monnaie passive et monnaie active (Paris: Cujas, 1979)
Seurot, F., Inflation et emploi dans les pays socialistes, (Paris: coll: Libre Exchange, PUF, 1983).
Grossman, G. (ed.), Money and Plan: Financial Aspects of East European Economic Reforms (California UP, 1968).
Brus, W, Ogolne problemy funkcjunowania gospodarki socjalistycznej (Warszawa PWV, 1964) (translated into English. as ‘Market in Socialist Economy’, London, 1972).
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 1986 International Economic Association
About this chapter
Cite this chapter
Dembinski, P.H. (1986). Systems’ Adjustments to East-West Economic Cooperation. 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_20
Download citation
DOI: https://doi.org/10.1007/978-1-349-18400-2_20
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-18402-6
Online ISBN: 978-1-349-18400-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)