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Comecon information


Council for Mutual Economic Assistance
Совет Экономической Взаимопомощи
Sovét Ekonomícheskoy Vzaimopómoshchi (BGN/PCGN Russian)
Sovet Ekonomičeskoj Vzaimopomošči (GOST Russian)
1949–1991
Logo of Comecon
Logo
Map of Comecon member states as of November 1986
Comecon as of November 1986:
  Members   Members that left the Warsaw Pact (Albania)
  Associate members   Observers
HeadquartersMoscow, Soviet Union
Official languages
10 languages
  • Russian
  • Bulgarian
  • Czech
  • German
  • Hungarian
  • Mongolian
  • Polish
  • Romanian
  • Spanish
  • Vietnamese
TypeEconomic union
Member states
See list
  • Comecon Albania[a]
  • Bulgaria Bulgaria
  • Czechoslovakia Czechoslovakia
  • Comecon Cuba
  • Comecon East Germany[b]
  • Hungary Hungary
  • Mongolia Mongolia
  • Poland Poland
  • Romania Romania
  • Comecon Soviet Union
  • Comecon Vietnam
Historical eraCold War
• Organization established
5–8 January 1949
• Dissolution of Comecon
28 June 1991
• Dissolution of the Soviet Union
26 December 1991
Area
196023,422,281 km2 (9,043,393 sq mi)
198925,400,231 km2 (9,807,084 sq mi)
Population
• 1989
504 million
Currency
10 currencies
  • Soviet Union Soviet ruble
  • East Germany East German mark
  • Polish People's Republic Polish złoty
  • Czechoslovak Socialist Republic Czechoslovak koruna
  • Socialist Republic of Romania Romanian leu
  • People's Republic of Bulgaria Bulgarian lev
  • Hungarian People's Republic Hungarian forint
  • Cuba Cuban peso
  • Mongolian People's Republic Mongolian tögrög
  • Vietnam Vietnamese đồng
Driving sideright
Succeeded by
Commonwealth of Independent States Comecon
Eurasian Economic Community Comecon
European Economic Community Comecon
GUAM Comecon
OECD Comecon
Bolivarian Alliance for the Peoples of Our America Comecon
ASEAN Comecon
Baltic Assembly Comecon
Visegrád Group Comecon
Craiova Group Comecon
Albania Comecon
Mongolia Comecon
Turkmenistan Comecon

The Council for Mutual Economic Assistance (Russian: Сове́т Экономи́ческой Взаимопо́мощи, romanized: Sovét Ekonomícheskoy Vzaimopómoshchi, СЭВ; English abbreviation COMECON, CMEA, CEMA, or CAME) was an economic organization from 1949 to 1991 under the leadership of the Soviet Union that comprised the countries of the Eastern Bloc along with a number of socialist states elsewhere in the world.[1]

The descriptive term was often applied to all multilateral activities involving members of the organization, rather than being restricted to the direct functions of Comecon and its organs.[2] This usage was sometimes extended as well to bilateral relations among members because in the system of communist international economic relations, multilateral accords – typically of a general nature – tended to be implemented through a set of more detailed, bilateral agreements.[3]

Comecon was the Eastern Bloc's response to the formation in Western Europe of the Marshall Plan and the OEEC, which later became the OECD.[3]


Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).

  1. ^ Michael C. Kaser, Comecon: Integration problems of the planned economies (Oxford University Press, 1967).
  2. ^ For example, this is the usage in the Library of Congress Country Study that is heavily cited in the present article.
  3. ^ a b "Appendix B: The Council for Mutual Economic Assistance: Germany (East)". Library of Congress Country Study. Archived from the original on 1 May 2009.

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Comecon

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romanized: Sovét Ekonomícheskoy Vzaimopómoshchi, СЭВ; English abbreviation COMECON, CMEA, CEMA, or CAME) was an economic organization from 1949 to 1991 under...

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Eastern Bloc

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referred to the USSR and Central and Eastern European countries in the Comecon (East Germany, Poland, Czechoslovakia, Hungary, Romania, Bulgaria, and...

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International relations within the Comecon

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The "Council for Mutual Economic Assistance" (Comecon) was an economic organization of communist states, created in 1949, and dissolved in 1991, with...

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Druzhba pipeline

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Družba); also has been referred to as the Friendship Pipeline and the Comecon Pipeline) is one of the world's longest oil pipelines and one of the largest...

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Bulgaria

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research at the top of its budgetary expenditure priorities. The loss of COMECON markets in 1990 and the subsequent "shock therapy" of the planned system...

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Soviet Union

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and Comecon was meant to prevent countries in the Soviets' sphere of influence from moving towards that of the Americans and Southeast Asia. Comecon was...

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Molotov Plan

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Soviet-sponsored economic grouping which was eventually expanded to become the Comecon. The Molotov Plan was symbolic of the Soviet Union's refusal to accept...

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Socialist Federal Republic of Yugoslavia

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Vietnam, PRG) Yugoslavia (until 1948) Related organizations Warsaw Pact Comecon Cominform World Federation of Trade Unions World Federation of Democratic...

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Czechoslovakia

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a planned economy. Its economic status was formalized in membership of Comecon from 1949 and its defense status in the Warsaw Pact of 1955. A period of...

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Europe

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Union and thus were members of the Council for Mutual Economic Assistance (COMECON). The states which retained a free-market system were given a large amount...

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European Union

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in 1948 to manage the Marshall Plan, which led to the Soviets creating Comecon in response. The ensuing Hague Congress of May 1948 was a pivotal moment...

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Western Europe

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Germany peacefully absorbed East Germany, in the German reunification. Comecon and the Warsaw Pact were dissolved, and in 1991, the Soviet Union ceased...

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Comprehensive Program for Socialist Economic Integration

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guidelines for Comecon activity until 1990. The distinction between "market" relations and "planned" relations, made in the discussions within Comecon before...

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Fidel Castro

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In July 1972, Cuba joined the Council for Mutual Economic Assistance (Comecon), an economic organization of socialist states, although this further limited...

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Joseph Stalin

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1946 Iran crisis Turkish Straits crisis First Indochina War Eastern Bloc Comecon Cominform Greek Civil War 1948 Czechoslovak coup d'état Berlin Blockade...

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Communist state

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the Comintern after Bolshevisation and the communist states within the Comecon, the Eastern Bloc, and the Warsaw Pact. Marxism–Leninism currently still...

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Foreign trade of the Soviet Union

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primarily benefited the less developed Council for Mutual Economic Assistance (COMECON) countries of Cuba, Mongolia, and Vietnam. The Soviet Union conducted the...

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Russian Empire

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• GULAG • Great Purge • Great Patriotic War • Cold War • Warsaw Pact • Comecon • Crimea transfer • Era of Stagnation • Afghan War • Perestroika • Chernobyl...

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Warsaw Pact

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the military complement to the Council for Mutual Economic Assistance (Comecon), the economic organization for the Eastern Bloc states. Dominated by the...

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Prague

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economic, and political control of the Soviet Union (see Iron Curtain and COMECON). The world's largest Stalin Monument was unveiled on Letná hill in 1955...

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Russian Soviet Federative Socialist Republic

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Vietnam, PRG) Yugoslavia (until 1948) Related organizations Warsaw Pact Comecon Cominform World Federation of Trade Unions World Federation of Democratic...

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Berlin Wall

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Bulgaria, Romania, and the GDR, which together with Albania formed the Comecon in 1949 and later a military alliance, the Warsaw Pact. The beginning of...

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Byelorussian Soviet Socialist Republic

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Energy Agency. Byelorussia was excluded separately from the Warsaw Pact, Comecon, the World Federation of Trade Unions and the World Federation of Democratic...

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Socialist state

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Herzegovina Croatia Macedonia Montenegro Serbia Slovenia Organizations Comecon Comintern Chinese Communist Party Communist Party of Cuba Communist Party...

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Dollarization of Cuba

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Mutual Economic Assistance, COMECON, and by the end of the 1980s, 85% of Cuba's foreign trade was with members of COMECON. From 1985 to 1989, 74.4% of...

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