The council for mutual assistance founded in 1949 was the soviet response to marshal aid.
It was supposed to be a means by which the Soviet Union could financially support countries in eastern Europe.
In reality it was used by the soviets to:
-control the economies of these states
-give soviets access to their resources
-encourage countries to specialize in things; Czechoslovakia to concentrate on heavy industry. Romania to concentrate on production of food etc.
The Marshall Plan is generally considered more effective than Comecon because it provided substantial financial aid and support for the recovery of Western European economies after World War II, fostering rapid growth and stability. In contrast, Comecon (the Council for Mutual Economic Assistance) struggled to deliver similar benefits, as it was primarily focused on political alignment and economic cooperation among Eastern Bloc countries, often leading to inefficiencies and stagnation. Ultimately, the Marshall Plan's emphasis on open markets and democratic governance contributed to the long-term prosperity of Western Europe, while Comecon failed to achieve comparable success.
Stalin set up the Cominform (Communist Information Bureau) in 1947 which later expanded to the COMECON (Council of Mutual Economic Assistance). With this he aimed to tighten his grip on the Soviet satellite states.
The Soviet Union made COMECON to encourage trade and production among the socialist countries (Made by Stalin in 1949). The sociailst countries with the leadership of and order from the Soviet Union refused the Marshall Plan.
The USSR vehemently opposed the Marshall Plan because it viewed the economic aid initiative as a means for the United States to exert political influence over Western European countries, thereby solidifying a capitalist bloc against communism. The Soviets believed that the plan would undermine their own influence in Eastern Europe and promote the spread of capitalist ideologies. Additionally, they perceived it as an attempt to isolate and weaken the Soviet Union economically and politically. As a result, the USSR encouraged its satellite states to reject the Marshall Plan and instead develop their own economic cooperation through the Comecon.
The Molotov Plan was the system created by the Soviet Union in 1947 in order to provide aid to rebuild the countries in Eastern Europe that were politically and economically aligned to the Soviet Union. It can be seen to be the USSR's version of the Marshall Plan, which for political reasons the Eastern European countries would not be able to join without leaving the Soviet sphere of influence. Soviet foreign minister Vyacheslav Molotov rejected the Marshall Plan (1947), proposing the Molotov Plan - the Soviet-sponsored economic grouping which was eventually expanded to become the COMECON.The plan was a system of bilateral trade agreements which also established COMECON to create an economic alliance of socialist countries.[3] This aid allowed countries in Europe to stop relying on American aid, and therefore allowed Molotov Plan states to reorganize their trade to the USSR instead.Apex- The Soviet plan for giving aid to Eastern Europe.
Comecon - band - was created in 1989.
Comecon - band - ended in 1995.
The Warsaw Pact and COMECON
Wojciech Rybowski has written: 'EEC-COMECON'
COMECON, the Council for Mutual Economic Assistance, was an economic organization established in 1949 by the Soviet Union and its Eastern European allies. It aimed to promote cooperation and economic integration among its member countries, fostering socialist economic planning and trade relations. The primary goal was to counter the influence of the Marshall Plan in Western Europe and strengthen the economies of the socialist states.
The Marshall Plan is generally considered more effective than Comecon because it provided substantial financial aid and support for the recovery of Western European economies after World War II, fostering rapid growth and stability. In contrast, Comecon (the Council for Mutual Economic Assistance) struggled to deliver similar benefits, as it was primarily focused on political alignment and economic cooperation among Eastern Bloc countries, often leading to inefficiencies and stagnation. Ultimately, the Marshall Plan's emphasis on open markets and democratic governance contributed to the long-term prosperity of Western Europe, while Comecon failed to achieve comparable success.
COMECON was formed in 1949 in response to the emerging competition between Western capitalist countries and Eastern socialist countries during the Cold War. It was created to promote economic cooperation and socialist development among its member countries, providing them with a platform to trade resources and coordinate economic plans to strengthen their socialist economies.
Emil Hoffmann has written: 'Comecon, der gemeinsame Markt in Osteuropa' -- subject(s): Council for Mutual Economic Assistance
The Marshall Plan and COMECON were both initiatives aimed at economic recovery and development in post-World War II Europe, but they represented opposing ideologies. The Marshall Plan, initiated by the United States in 1948, provided financial aid to Western European countries to promote economic stability and prevent the spread of communism. In contrast, COMECON (Council for Mutual Economic Assistance), established by the Soviet Union in 1949, aimed to coordinate economic policies among communist states and promote economic cooperation within the Eastern Bloc. Both sought to influence the economic landscape of Europe, albeit through different means and political frameworks.
Hugo Rytz has written: 'Nuclear power plants and the fuel cycle industry in the COMECON countries' -- subject(s): Council for Mutual Economic Assistance, Nuclear industry
Stalin set up the Cominform (Communist Information Bureau) in 1947 which later expanded to the COMECON (Council of Mutual Economic Assistance). With this he aimed to tighten his grip on the Soviet satellite states.
The Soviet Union made COMECON to encourage trade and production among the socialist countries (Made by Stalin in 1949). The sociailst countries with the leadership of and order from the Soviet Union refused the Marshall Plan.