Comecon

Council for Mutual Economic Assistance
Совет Экономической Взаимопомощи
1949–1991
Flag
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
TypeEconomic union
Member states
Historical eraCold War
• Organization established
25 January 1949
• Dissolution of Comecon
28 June 1991
25 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
Succeeded by
Eurasian Economic Union

The Council for Mutual Economic Assistance,[c] often abbreviated as Comecon (/ˌkɒmɪˈkɒn/ KOM-ik-ON), 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]


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  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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