Titlebook: Economic Integration and Economic Strategy; Ferenc Kozma Book 1982 Springer Science+Business Media Dordrecht 1982 economic development.eco

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Harmonization of national economic policies: the basic mechanism of socialist integrationRelying on the model of division of labour outlined in the preceding chapters, I shall attempt in the following to sketch the problems that have to be faced in working out the mechanism of integration of the socialist countries united in the CMEA.

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The new stage of the crisis of the capitalist world economy and the socialist alternativepace of production, the volume and assortment of useful goods all advanced with giant strides and, finally, obsolescence also accelerated. All that is more or less reflected in the accelerating growth of the productivity of social labour as a synthetic indicator. The growth of productivity on a soci

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Internationalization of economic processese perfection of individual tools and of more or less complex systems of tools, and also the changes in the use of the materials provided by nature, depending on the former two factors. The development of the forces of production increases in itself the volume of social production and the expansion o

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Limitations to the measurement of intertwining most reliable yardstick is the ratio of the volume of internationally exchanged commodities to the national income expressing the volume of national labour. Depending on the extent to which an economy is compelled to resort to national exchange, these ratios differ along a wide scale. The huge econ

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Character of the national economies and the field of gravitationnsequence, their internal dynamism, as well as their financial performance and their power to affect the world economic environment, differ. This asymmetry is a product of historical development and will act as long as the whole of the world economy does not integrate on a very high and even level o

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escalate

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Rearrangement of the advantages derived from the division of labour in the course of industrializati decreases the more they are compelled to buy the manufactured articles of the latter in exchange for their own manufactured goods, particularly machinery and equipment. I may also add that the whole industrial development program of the more developed socialist countries was partially adapted in th