COMECON, Trade and the West

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COMECON, Trade and the West

By William V. Wallace and Roger A. Clarke
St. Martin's, 1987
176 pp. $32.50
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Will Gorbachev's reforms reach the smaller socialist countries of Eastern Europe and the international organization they share with the Soviet Union-CMEA, the Council of Mutual Economic Assistance? This study by two specialists from Glasgow provides very good background for thinking about that subject. They are skeptical of any great departure from centralized planning but see some chances for more trade with the West. Weaving in and out, but unfortunately not always clearly in focus, are questions about whether the revitalization of CMEA is likely to mean more flexibility among the members or tighter coordination along lines determined by the biggest partner.

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