The Challenge of Simultaneous Economic Relations with East and West de Michael Marrese

The Challenge of Simultaneous Economic Relations with East and West

Michael Marrese

This work contains papers presented at a conference held in March 1988. It chronicles the efforts of four countries - Austria, Finland, Hungary and Yugoslavia - to develop economic ties with both the East and the West. Topics covered include the evolution of dual economic ties.

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Hard currency settlement of payments or bilateralism and clearing - how long will the dilemma remain?, Sandor Richter; Hungarian foreign trade - failure to reform, Michael Marrese; perestroika in the Soviet Union - the domestic and international dimensions, Nikolay Shmelev; a new situation in Hungarian-Soviet trade - what is to done?, Andras Koves; economic policy and foreign trade in Austria - relation with West and East, Jan Stankovsky; internal regulation of foreign trade with respect to socialist trading partners - a comparison of the Finnish and the Hungarian systems, Gabor Oblath; effects of trade with centrally planned economies on exchange rates and prices in market economies, Yryana Tolonen; an appearance of dual attachment in the Soviet Union's imports - variations in imports from the West in relation to imports from CMEA countries, Urpo Kivikari; dual systems of international settlements - an analysis of Yugoslavia's experience and some proposals for more efficient alternative settlement systems, Ante Cicin-Sain; some specific features of inflation in a heavily-indebted socialist country, Neven Mates; the foreign policy conditions affecting economic relations between the smaller European states, Peter Knirsch; problems and prospects of East-West transfer of technology, Stanislav Simanovsky; towards a comprehensive economic reform? a pessi-optimistic view, Laszlo Szamuely; reflections on enterprise-level currency conversion in foreign trade - the case of Hungary, Adam Torok; joint ventures between East and West, Tauno Tiusanen; the involvement of the CMEA countries in the international trade in services - can they be competitive?, Marie Lavigne; intra-CMEA barter versus commodity money relations - a radical view, Raimund Dietz; Summary remarks, Tamas Foldi.