 The Technological Gap in the CMEA Countries: Missing IncentivesFriedrich Levcik Chapter 20 in The Evolution of Economic Systems, 1990, pp 213-221 from Palgrave Macmillan Abstract: Abstract The technological gap in the CMEA countries1 has evidently widened since the middle of the 1970s. There are many instances substantiating this statement which, besides, can be observed by every Western tourist visiting these countries. Looking at the commodity composition of East-West trade one will find that the share of manufactures, and especially of investment goods exported by the OECD countries to the European CMEA countries, is much higher than the respective import share. The CMEA countries have also persistently lost market shares in exports of manufactures to the West, partly because their export orientation was concentrated in fields where demand in international trade was weak but mainly because the goods offered could not compete in quality, technical standards or after-sale services. Some of the developing countries, especially the newly industrialised countries, were far more successful in penetrating Western markets and the CMEA countries had to accept severe price reductions in the face of competition from these countries. Keywords: Market Economy; Foreign Trade; Central Plan; Central Authority; Foreign Competition (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11153-4_20 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-11153-4_20 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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