World War II and Socialist Integration: In Search of the Theoretical Foundations for Building the Socialist Bloc (1940–64)

Nikolay Nenovsky () and Tsvetelina Marinova
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Tsvetelina Marinova: LEFMI - Laboratoire d’Économie, Finance, Management et Innovation - UR UPJV 4286 - UPJV - Université de Picardie Jules Verne, New Bulgarian University

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Abstract: The article presents the development of ideas on coordination between countries with socialist economic systems during World War II and in its immediate aftermath (1940–64). It studies the theoretical models of Hoselitz and the debates on the possibilities of interaction between socialist states after the war, as well as the first attempts to develop integration within the framework of the CMEA, or the Council for Mutual Economic Assistance, in practice. The lack of a clear theory made these processes difficult. Yugoslav economists considered nonequivalent exchange within the Marxist paradigm and attempts to create a monetary zone of the ruble encountered difficulties from the outset. Monetary reforms in socialist countries showed the need to adapt to the world (capitalist) market.

Keywords: Comecon/CMEA; socialist integration; socialist monetary reforms; Bert Hoselitz; Yugoslav economists (search for similar items in EconPapers)
Date: 2024-08-05
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Published in History of Political Economy, 2024, ⟨10.1215/00182702-11470263⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04669294

DOI: 10.1215/00182702-11470263

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