Comprehensive Program for Socialist Economic Integration

:This article is part of the article History of the Comecon

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The Comprehensive Program for Socialist Economic Integration was a program set up in 1971, which laid the guidelines for Comecon activity through 1990.

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The distinction between "market" relations and "planned" relations made in the discussions within Comecon prior to the adoption of the 1971 Comprehensive Program remains a useful approach to understanding Comecon activities. Comecon remained in fact a mixed system, combining elements of both plan and market economies. Although official rhetoric emphasized regional planning, it must be remembered that intra-Comecon relations continued to be conducted among national entities not governed by any supranational authority. They thus interacted on a decentralized basis according to terms negotiated in bilateral and multilateral agreements on trade and cooperation.

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