A web of trade and payments arrangements binds countries of Eastern and Central Europe under the Council of Mutual Economic Assistance (CMEA) agreements. However, it is incompatible with these countries recent commitments to move toward liberalized trade and currency convertibility. The importance of trade with other CMEA members, and the apparent desire of the USSR and others to denominate all future mutual trade at international prices poses a number...
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INFORMATION
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1991/04/30
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Document de travail de recherche sur les politiques
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WPS644
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1
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1
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2010/07/01
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Trade and payments arrangements in post-CMEA Eastern and Central Europe
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European Bank for Reconstruction and Development
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