COMECON


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Related to COMECON: Cominform

Comecon

(ˈkɒmɪˌkɒn)
n
(Economics) (formerly) an association of Soviet-oriented Communist nations, founded in 1949 to coordinate economic development, etc; it was disbanded in 1991 when free-market policies were adopted by its members. Also: CMEA
[C20 Co(uncil for) M(utual) Econ(omic Assistance)]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

COMECON

1949 An association of Soviet-dominated nations, originally those of East Europe but later including Mongolia (1962), Cuba (1972), and Vietnam (1978) intended to co-ordinate economic development. Used by Stalin to put pressure on Yugoslavia and to counter growing western economic interdependence.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
Translations

Comecon

[ˈkɒmɪkɒn] N ABBR (formerly) =Council for Mutual Economic AidCOMECON m
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

Comecon

abbr of Council for Mutual Economic AidComecon m or nt
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

COMECON

[ˈkɒmɪˌkɒn] n abbr =Council for Mutual Economic AidCOMECON m
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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References in periodicals archive ?
Comecon eventually got the better of their opponents to win 14-11.
But after that, it wasn't just that we had a lack of a concept, there was also the collapse of the COMECON market.
In 1989-1990, when Cuba was still part of COMECON, its annual poultry production was 2.7 billion eggs a year, 117,000 tons of chicken meat, and 2 million tons of animal feed.
This apparent anomaly is due to two factors, firstly the transition from an oil-first policy in the world economy 1945-1973 to one of a balance of primary fuels and a greater development of fuel efficiency; and secondly the absolute decline in the economy of the former Comecon bloc of nations in the past decade.
America 108 128 140 Europe 65 75 83 Former Comecon 53 63 75 Middle East 14 18 22 Africa 11 14 18 South America 17 25 36 Asia/Pacific 98 144 200 World 365 465 575 Asia/Pacific as % world 27% 31% 35% Oil (mbd) 1995 2005 2015 N.America 21 26 29 Europe 14 15 15 Former Comecon 6 7 9 Middle East 4 5 6 Africa 2 4 5 South America 4 6 9 Asia/Pacific 18 25 33 World 70 87 105 Asia/Pacific as % world 26% 29% 31%
In the third phase, Mongolia became a part of the COMECON economic group by joining the Council for Mutual Economic Assistance (CMEA) in 1962.
* all are heavily affected by the collapse of eastern European integration (Comecon);
The company trades in natural and synthetic latex, natural and synthetic rubbers, including Russian materials and rubber chemicals, concentrating on the markets in Germany, some in Western Europe, former Comecon countries, North America and Far East Asia.
The three exceptions are an introductory chapter outlining the traditional Soviet economic system, a description of the rise and fall of the Council of Mutual Economic Assistance (COMECON) established in 1949 and disbanded in 1991, and a presentation of the general issues of moving from a command to a market economy.
So far, $14 billion has been invested in the form of direct capital, equity capital investment in the former COMECON countries.
Comecon, the trading arm of the Warsaw Pact, recently collapsed.