Adjustment to the world economy in Eastern Europe

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Abstract (may include machine translation)

Realistic approach from East, South and West, global understanding of the significance of structural transformations of the world economy with special regard to the process of international relocation of industrial activities and patient, staunch work in economic policymaking (primarily resisting protectionist pressures) would make it possible that a New International Economic Order be transformed from the realm of wishes to everyday economic reality. Due observance of the interests of each country-group is the way to support the efficient industrialization of developing countries and the formation of a steady, long-term East-South division of labour. This would by no means equal to substitution of East-West relations for East-South, or South-West relations for South-East ones. These often pronounced ideas of the 1950's and 1960's are bound to failure the same way in the 1980's as they have been aborted at the time of their conception.
Original languageAmerican English
Pages (from-to)53-75
Number of pages23
JournalActa Oeconomica
Volume30
Issue number1
StatePublished - 1983

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