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Author: Franklyn D Holzman
Publisher: Routledge
ISBN: 1000316262
Category : History
Languages : en
Pages : 196
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Book Description
Reflecting Professor Holzman's important work, this book deals with major issues relating to both East-West and intra-bloc trade. Professor Holzman explores the transition in Soviet bloc economies over the past fifteen years from balanced hard-currency trade to large deficits with the West and the consequent development of a huge hard-currency debt. He compares the causes and treatments of deficits in planned economies with those in market economies and explores the dramatic differences in foreign trade behavior exhibited by Eastern and Western nations and the difficulties that arise when these conflicting systems interact in world markets. He also assesses the impact of Western economic warfare on the Soviet Union and makes recommendations for future U.S. trade policy. The author next turns to the issue of intra-bloc trade. In its early years the USSR economically exploited the smaller East European nations, but many argue that the Soviet Union now subsidizes trade with its partners in the Council for Mutual Economic Assistance in exchange for political, military, and ideological support–an argument that Professor Holzman strongly challenges. He also contends that CMEA, when viewed as a preferential trade group or customs union, has been markedly unsuccessful. On another level, Professor Holzman assesses the causes and possible cures for the serious, chronic problems related to currency inconvertibility, rigid bilateralism, and inability to use exchange rates as tools of economic adjustment. In an international economy growing ever more interdependent, the issues raised in these previously uncollected essays will continue to gain in importance as East and West meet in trade.
Author: Franklyn D Holzman
Publisher: Routledge
ISBN: 1000316262
Category : History
Languages : en
Pages : 196
Get Book Here
Book Description
Reflecting Professor Holzman's important work, this book deals with major issues relating to both East-West and intra-bloc trade. Professor Holzman explores the transition in Soviet bloc economies over the past fifteen years from balanced hard-currency trade to large deficits with the West and the consequent development of a huge hard-currency debt. He compares the causes and treatments of deficits in planned economies with those in market economies and explores the dramatic differences in foreign trade behavior exhibited by Eastern and Western nations and the difficulties that arise when these conflicting systems interact in world markets. He also assesses the impact of Western economic warfare on the Soviet Union and makes recommendations for future U.S. trade policy. The author next turns to the issue of intra-bloc trade. In its early years the USSR economically exploited the smaller East European nations, but many argue that the Soviet Union now subsidizes trade with its partners in the Council for Mutual Economic Assistance in exchange for political, military, and ideological support–an argument that Professor Holzman strongly challenges. He also contends that CMEA, when viewed as a preferential trade group or customs union, has been markedly unsuccessful. On another level, Professor Holzman assesses the causes and possible cures for the serious, chronic problems related to currency inconvertibility, rigid bilateralism, and inability to use exchange rates as tools of economic adjustment. In an international economy growing ever more interdependent, the issues raised in these previously uncollected essays will continue to gain in importance as East and West meet in trade.
Author: Franklyn D Holzman
Publisher: Routledge
ISBN: 9780367307059
Category : History
Languages : en
Pages : 0
Get Book Here
Book Description
Reflecting Professor Holzman's important work, this book deals with major issues relating to both East-West and intra-bloc trade. Professor Holzman explores the transition in Soviet bloc economies over the past fifteen years from balanced hard-currency trade to large deficits with the West and the consequent development of a huge hard-currency debt. He compares the causes and treatments of deficits in planned economies with those in market economies and explores the dramatic differences in foreign trade behavior exhibited by Eastern and Western nations and the difficulties that arise when these conflicting systems interact in world markets. He also assesses the impact of Western economic warfare on the Soviet Union and makes recommendations for future U.S. trade policy. The author next turns to the issue of intra-bloc trade. In its early years the USSR economically exploited the smaller East European nations, but many argue that the Soviet Union now subsidizes trade with its partners in the Council for Mutual Economic Assistance in exchange for political, military, and ideological support-an argument that Professor Holzman strongly challenges. He also contends that CMEA, when viewed as a preferential trade group or customs union, has been markedly unsuccessful. On another level, Professor Holzman assesses the causes and possible cures for the serious, chronic problems related to currency inconvertibility, rigid bilateralism, and inability to use exchange rates as tools of economic adjustment. In an international economy growing ever more interdependent, the issues raised in these previously uncollected essays will continue to gain in importance as East and West meet in trade.
Author: Franklyn D Holzman
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
Author: Beverly Crawford
Publisher: Columbia University Press
ISBN: 9780231513951
Category : Political Science
Languages : en
Pages : 300
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Book Description
Economic Vulnerability in International Relations
Author: Anders Åslund
Publisher: Cambridge University Press
ISBN: 9780521805254
Category : Europe, Eastern
Languages : en
Pages : 532
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Book Description
Author: Randall W. Stone
Publisher: Princeton University Press
ISBN: 0691225133
Category : Political Science
Languages : en
Pages : 302
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Book Description
Why did the Soviet Union squander the political leverage afforded by its trade subsidy to Eastern Europe? Why did Soviet officials fail to bargain with resolve, to link subsidies to salient political issues, to make credible commitments, and to monitor the satellites' policies? Using an unprecedented array of formerly secret documents housed in archives in Moscow, Warsaw, and Prague, as well as interviews with former Communist officials across Eastern Europe, Randall Stone answers these questions and others that have long vexed Western political scientists. Stone argues that trade politics revolved around the incentives created by distorted prices. The East European satellites profited by trading on the margin between prices on the Western market and those in the Soviet bloc. The Soviet Union made numerous attempts to reduce its implicit trade subsidy and increase the efficiency of the bloc, but the satellites managed consistently to outmaneuver Soviet negotiators. Stone demonstrates how the East Europeans artfully resisted Soviet objectives. Stone draws upon recent developments in bargaining and principal-agent theory, arguing that the incentives created by domestic institutions weakened Soviet bargaining strategies. In effect, he suggests, perverse incentive structures in the Soviet economy were exported into Soviet foreign policy. Furthermore, Stone argues, incentives to smother information were so deeply entrenched that they frustrated numerous attempts to reform Soviet institutions.
Author: J. J. Brine
Publisher: Transaction Publishers
ISBN: 9781560000808
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
Comecon, or the Council for Mutual Economic Assistance, was founded by Joseph Stalin in 1949 to counteract the Marshall Plan and reinforce the bonds between the Soviet Union and the "people's democracies" of Eastern Europe. Other Soviet Bloc nations later joined "Comecon, "and for forty years it dominated the trade policies of the Soviet Bloc and profoundly influenced their domestic economic development and relations with the West. "Comecon "collapsed in 1991 after the countries of Eastern Europe rejected communism. It was often compared with the (West European) Common Market, but differed vastly in its aims, structure, powers, and activities. Its influence is a critical factor in assessing both the economic failures of the Soviet Bloc and the problems facing former member states as they make the transition to free-market economies. This detailed, annotated bibliography is an essential guide to the extensive English-language literature about "Comecon "from its founding until its demise. Chapters cover "Comecon's "history, structure, and law; socialist economic integration; the organization's arrangements for international trade and finance; environment, natural resources, and energy; labor; industry and agriculture; science and technology. "Comecon, "like the rest of the Soviet Bloc, collapsed suddenly, but its legacy will color international relations and worldwide economic issues for years to come. An understanding of its institutions, mechanisms, and policies remains vital hi appreciating the economic organization of the former Soviet empire. This bibliography will therefore be indispensable to policymakers, economists, historians, and political scientists.
Author: Ian Jeffries
Publisher: Taylor & Francis
ISBN: 1000570932
Category : Business & Economics
Languages : en
Pages : 347
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Book Description
First published in 1990, A Guide to the Socialist Economies explores the evolution of a variety of economic systems in the socialist world and highlights major problems facing fourteen countries – Albania, Bulgaria, China, Cuba, Czechoslovakia, the GDR, Hungary, North Korea, Mongolia, Poland, Romania, the Soviet Union, Vietnam and Yugoslavia –against a background of continuous change, characterized by such events as the Berlin blockade, the Korean war, the Hungarian revolution and the invasion of Czechoslovakia. The traditional Soviet economic model is studied in detail as the basic system adopted by or imposed upon all of these countries. A separate chapter is devoted to foreign trade in general and Comecon in particular, while each of the country studies deals with the political and economic background, economic reforms (including industry, agriculture, the financial system and foreign trade and capital) and the private sector. The book provides information on the economic institutions of all the individual countries which is invaluable if the various courses of reform each country has engaged upon are to be understood. Historical material supplements contemporary information in a work which is to be an essential reference for anyone engaged in a study of, or trade with, the socialist countries.
Author: Manfred B. Steger
Publisher: Oxford University Press
ISBN: 0192589334
Category : Political Science
Languages : en
Pages : 185
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Book Description
We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Author: Marie Lavigne
Publisher: Cambridge University Press
ISBN: 9780521336635
Category : Business & Economics
Languages : en
Pages : 428
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Book Description
This book, first published in 1991, is a revised and updated version of Professor Marie Lavigne's best seller Economie Internationale des Pays Socialistes.
