ABSTRACT
Economic cooperation within the CMEA is in a similar crisis as the economy of most of the individual CMEA countries. The economic and financial measures, however, adopted in the Complex Program, were never implemented, and therefore the CMEA cooperation still suffers from the lack of effective economic tools and institutions that will function internationally. The ensuing weak points of CMEA cooperation have been analyzed before by many economists in East and West. In 1971 the "Complex Program for the Further Intensification and Perfection of Co-operation and the Development of the Socialist Economic Integration of the CMEA Member States" was accepted after lengthy discussions. The declared intent to establish a common CMEA market is very likely the reaction to the actual steps taken by the European Community for establishing a unified market by 1992. The program of the future division of labor between the CMEA countries is in essence a blue-print for necessary structural adjustments.
