Economic Integration in Eastern Europe,
Abstract
The COMECON has been affected by the pull of two opposing forces: one favors close economic cooperation and even centralization to acquire the benefits of international specialization and provide the means for a more tightly run Communist bloc; the other favors separate, national economic development, which would permit each country to determine its own pattern of growth and to preserve as much of its limited sovereignty as possible. The Communist leaders now see integration as the solution to the major ills of the Communist European economies. Indeed, integration should significantly help to remedy the bloc's underutilization of capacity, inadequate level of technological advance, capital scarcity, and the insufficiency of raw materials. While the process of integration is going on, the Communist-governed countries will have to maintain and increase their contacts with the industrialized West to acquire technology, markets, and capital. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1969
- Accession Number
- AD0733969
Entities
People
- Stanislaw Wasowski
Organizations
- Institute for Defense Analyses