The six European member countries of the CMEA depend greatly on imports of energy, and oil and oil products in particular, from the USSR. In the coming years the Soviet Union will, however, probably be unable to satisfy all their import requirements so that they are likely to buy more oil in the...

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.

States with socialist economic systems also suffer from employment problems, a fact which is frequently passed over in silence by the critics of our market economic order. Professor Gernot Gutmann analyses its magnitude and causes.