Political and economical development of selected COMECON countries in the seventies and eighties

The Council for Mutual Economic Assistance (Comecon) was an organization which was founded much more because of political than economic reasons. During the first years of its existence it was a soviet power instrument to control the economics of the Eastern Europe and later it became a middle o so called socialist economic integration. The most important part in it played the German Democratic Republic and Czechoslovakia, countries with the best developed industry in the soviet bloc. Their economies supported less developed allied countries and lastly also the Third world countries which assumed the idea of communism. Often comparisons of the Comecon to the West European integration caused that the Eastern bloc tried to establish cooperation with the European Economic Community and to imitate its success. But an analysis has shown the pointlessness of these attempts. The Eastern bloc wasn't able to reform its institution for an economic integration and the downfall of totalitarian regimes automatically leaded to the Comecon decline