In recent years the problems of the indebtedness of the communist countries have been driven somewhat into the background by the high foreign indebtedness of many developing countries and the attention attracted by the balance of payments crises in Brazil and Mexico. Yet there are many...

The reduction of grain shipments and the export ban for computers imposed by the US Administration in response to the Soviet occupation of Afghanistan was supplemented, late in February 1980, by prohibition of deliveries of phosphates to the Soviet Union. President Carter has not yet urged the...

What are the borrowing strategies and practices of European members of the Council for Mutual Economic Assistance (CMEA)? The authors had extensive discussions with bankers in the leading financial centres in Europe. Some of their findings are presented in the following article.

At UNCTAD V not only the Western industrialised countries but also the socialist states were heavily criticised for not appropriating sufficient funds for development aid. The following article presents a survey of volume, conditions, and regional distribution of the CMEA countries’ and the PR...

Despite the unproportionately low level of Soviet economic assistance, Soviet influence in the Third World is quite considerable at present. Taking this fact as a starting point the following article examines the principles guiding relations between communist and developing countries.

The trade of the Western industrial states with Eastern Europe has been the object of keen political interest in the past year or two although it accounts for no more than 5–6 p.c. of the total foreign commerce of the OECD countries. The current discussion about the future of the economic...

The statute of the Council of Mutual Economic Assistance (CMEA) assigns to the institutions of the council the task to promote the process of specialization and cooperation in the production sector of the national economies. The development of the relations between the member countries indicates...