Abstract

Entering the last decade of the 20th century, both East and West face a choice which is no less momentous (if not more momentous) than that they were confronted with after the end of World War II. How should they conduct their economic relations in an interdependent world? What guidelines, principles and mechanisms will best serve their long-term national and international interests as the world economy burdened by the weight of global problems undergoes profound technological change? The solution of these problems would to a large extent define the world economic order of the next century and the prospects for military confrontation being superseded by the binding forces of the international division of labour.KeywordsWorld EconomyEconomic RelationExport ControlCMEA CountrySustained High LevelThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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