Abstract
Twenty-five years ago, the Eastern socialist countries had gone as far as they could to isolate themselves from the world economy and even from each other. Stalin’s last year saw the full consequences of the autarchic policies and severe pressures he and his local administrators had imposed on the smaller countries of Eastern Europe as well as on the USSR. The strains proved excessive, the policies impossible to implement consistently, and a new political and economic leadership took a new course.
Professor of Economics, Birkbeck College, University of London. A first version of this paper was prepared for OECD Project Interfutures, and I have received detailed and thoughtful comments from many sources. I take sole responsibility, however, for the views expressed here. I am grateful for support from the Institute for International Economic Studies of the University of Stockholm while revising the paper for publication.
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© 1981 Sven Grassman and Erik Lundberg
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Portes, R., Eidem, R. (1981). East, West, and South: the Role of the Centrally Planned Economies in the International Economy. In: Grassman, S., Lundberg, E. (eds) The World Economic Order. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-16488-2_10
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