This paper describes the Council for Mutual Economic Assistance (CMEA) system of trade and payment (the "CMEA regime") and considers how the transition from traditional socialism to a market economy is linked to changes in the mechanism for international transactions. The paper begins with a brief history of the CMEA and a description of its organizational structure, institutional principles, and reform efforts. It then provides a brief statistical...
انظر المزيد
تفاصيل
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1991/8/31
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ورقة عمل خاصة ببحوث السياسات
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WPS753
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1
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1
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2010/7/01
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Disclosed
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The CMEA system of trade and payments : the legacy and the aftermath of its termination
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convertible currency