Reform of the domestic economic system is the distinctive element of Hungary's foreign economic strategy in the 1980s. The need for systemic economic reform stems from Hungary's status as a small country, heavily dependent on foreign trade, many of whose imports can no longer be met within the...

In analyzing the future of the Council for Mutual Economic Assistance (CMEA), it is useful to assess both the centrifugal and centripetal forces affecting regional economic integration. Centrifugal forces include the existing structure of production in Eastern Europe; problems of coordination;...