The economic system of the socialist countries is undergoing profound changes. These changes are dictated by modern technological progress, the new needs of socialist society, and shifts in the world economy. The scale and complexity of the tasks that lie ahead can be seen more clearly and in...

The history of the world of socialism, which is today represented by a group of European, Asian, and Latin American states, dates back to the October Revolution in Russia. It laid the foundation for socialist reforms of society that were also extended to other countries at the end of World War...

The Declaration on the Thirtieth Anniversary of the Council for Mutual Economic Assistance adopted at the Thirty-third Session of CMEA noted the active role of commodity and monetary relations between CMEA member nations in the planned implementation of socialist economic integration. One of the...

The world socialist system has entered a new and decisive phase of peaceful economic competition with the capitalist system: in the near future it should outweigh the capitalist system in world production, outstrip the more developed capitalist states in the productivity of SOcial labor, in per...

The wave of modernization is on the rise in the socialist part of the world and even though it has still not engulfed a number of countries, the sense of irreversibility of profound revolutionary changes is rising. It is based on the crisis in the Stalinist and Neo-Stalinist models of social...

The principal feature of our age is the expansion of socialism beyond the boundaries of one country and its transformation into a world system. Whereas up to the second world war the Soviet Union, at the center of a hostile capitalist encirclement, had been the only country in which the ground...

The creation in 1949 of the Council of Mutual Economic Assistance [Comecon], a collective body for economic cooperation among the socialist countries, marked an important stage in the establishment of the world socialist system. During the period of its activity, the economic contacts between...

The development of integrative processes in international economic (and not only economic) life is a characteristic feature in the modern world. The concentration and internationalization of production and the new needs of scientific and technological progress have become the objective basis of...

CMEA member nations are elaborating and redefining the strategy of their long-term socioeconomic development. The correct evaluation of the initial base and the most important factors of economic growth, the conditions for their more effective use, and ways to make the transition to the...