Economics Of Soviet Bloc Trade And Finance
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A01=Franklyn D Holzman
Antidumping Laws
Author_Franklyn D Holzman
balance of payments adjustment
Carbon Steel Plate
Category=KCL
Category=KCZ
centrally planned economies
CMEA Countries
CMEA Country
CMEA Nations
CMEA Prices
Commodity Convertibility
Council for Mutual Economic Assistance
currency inconvertibility
Dumping Charges
East West Trade
East-West trade dynamics analysis
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eq_business-finance-law
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eq_isMigrated=2
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Excess Demand
foreign trade policy
GNP Growth Rate
GNP Ratio
Golf Cart
Government's General Accounting Office
Hard Currency Deficits
hard currency shortages
international economy
Intra-bloc Trade
intra-CMEA Trade
Intrabloc Trade
NATO Nation
SITC
SITC Category
Soviet Bloc finance
Soviet bloc trade
TR
Trade Creation
Trade Diversion
U.S. trade policy
West Germany
Product details
- ISBN 9780367291594
- Weight: 449g
- Dimensions: 152 x 229mm
- Publication Date: 30 Jun 2020
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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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.
Franklyn D. Holzman is professor of economics at Tufts University and a research associate at the Russian Research Center, Harvard University.
