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COMECON
The Council for Mutual Economic Assistance (, ; English abbreviation COMECON, CMEA, CEMA, or CAME) was an economic organization from 1949 to 1991 under the leadership of the Soviet Union that comprised the countries of the Eastern Bloc along with a number of socialist states elsewhere in the world. The descriptive term was often applied to all multilateral activities involving members of the organization, rather than being restricted to the direct functions of Comecon and its organs. This usage was sometimes extended as well to bilateral relations among members because in the system of communist international economic relations, multilateral accords typically of a general nature tended to be implemented through a set of more detailed, bilateral agreements. Comecon was the Eastern Bloc's response to the formation in Western Europe of the Marshall Plan and the OEEC, which later became the OECD. Name in official languages of the members History Foundation The Comecon was foun ...
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Eastern Bloc
The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed during the Cold War (1947–1991). These states followed the ideology of Marxism–Leninism, in opposition to the capitalist Western Bloc. The Eastern Bloc was often called the Second World, whereas the term "First World" referred to the Western Bloc and "Third World" referred to the non-aligned countries that were mainly in Africa, Asia, and Latin America but notably also included former pre-1948 Soviet ally SFR Yugoslavia, which was located in Europe. In Western Europe, the term Eastern Bloc generally referred to the USSR and Central and Eastern European countries in the Comecon (East Germany, Poland, Czechoslovakia, Hungary, Romania, Bulgaria, and Albania). In Asia, the Soviet Bloc comprised Mongolia, Vietnam, Laos, Kampuchea, North ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk (Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government tha ...
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Socialist Republic Of Romania
The Socialist Republic of Romania ( ro, Republica Socialistă România, RSR) was a Marxist–Leninist one-party socialist state that existed officially in Romania from 1947 to 1989. From 1947 to 1965, the state was known as the Romanian People's Republic (, RPR). The country was an Eastern Bloc state and a member of the Warsaw Pact with a dominant role for the Romanian Communist Party enshrined in its constitutions. Geographically, RSR was bordered by the Black Sea to the east, the Soviet Union (via the Ukrainian and Moldavian SSRs) to the north and east, Hungary and Yugoslavia (via SR Serbia) to the west, and Bulgaria to the south. As World War II ended, Romania, a former Axis member which had overthrown the Axis, was occupied by the Soviet Union, the sole representative of the Allies. On 6 March 1945, after mass demonstrations by communist sympathizers and political pressure from the Soviet representative of the Allied Control Commission, a new pro-Soviet government th ...
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People's Republic Of Bulgaria
The People's Republic of Bulgaria (PRB; bg, Народна Република България (НРБ), ''Narodna Republika Balgariya, NRB'') was the official name of Bulgaria, when it was a socialist republic from 1946 to 1990, ruled by the Bulgarian Communist Party (BCP) together with its coalition partner, the Bulgarian Agrarian People's Union. Bulgaria was closely allied with the Soviet Union during the Cold War, being part of Comecon as well as a member of the Warsaw Pact. The Bulgarian resistance movement during World War II deposed the Kingdom of Bulgaria administration in the Bulgarian coup d'état of 1944 which ended the country's alliance with the Axis powers and led to the People's Republic in 1946. The BCP modelled its policies after those of the Soviet Union, transforming the country over the course of a decade from an agrarian peasant society into an industrialized socialist society. In the mid-1950s and after the death of Stalin, the party's hardliners lo ...
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Czechoslovak Socialist Republic
The Czechoslovak Socialist Republic, ČSSR, formerly known from 1948 to 1960 as the Czechoslovak Republic or Fourth Czechoslovak Republic, was the official name of Czechoslovakia from 1960 to 29 March 1990, when it was renamed the Czechoslovak Federative Republic, sk, Česko-slovenská federatívna republika, ČSFR. On 23 April 1990, it became the Czech and Slovak Federative Republic, sk, Česká a Slovenská Federatívna Republika, ČSFR. From 1948 until the end of November 1989, the country was under Communist rule and was regarded as a satellite state in the Soviet sphere of interest. Following the coup d'état of February 1948, when the Communist Party of Czechoslovakia seized power with the support of the Soviet Union, the country was declared a socialist republic when the Ninth-of-May Constitution became effective. The traditional name (''Czechoslovak Republic''), along with several other state symbols, were changed on 11 July 1960 following the implementation of th ...
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Mongolian People's Republic
The Mongolian People's Republic ( mn, Бүгд Найрамдах Монгол Ард Улс, БНМАУ; , ''BNMAU''; ) was a socialist state which existed from 1924 to 1992, located in the historical region of Outer Mongolia in East Asia. It was ruled by the Mongolian People's Revolutionary Party and maintained close links with the Soviet Union throughout its history. Geographically, it was bordered by China to its south and the Soviet Union (via the Russian SFSR) to its north. Until 1944, it also bordered the Tuvan People's Republic, a Soviet satellite state recognized only by Mongolia and the Soviet Union. History Formation From 1758 to 1911, the Mongols were ruled by the Manchu Qing dynasty. In the first decade of the 20th century, the Qing government began implementing the so-called New Policies, aimed at a further integration of Outer Mongolia. Upset by the prospect of the colonization akin to the developments in Inner Mongolia during the 19th century, the Mo ...
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People's Republic Of Poland
The Polish People's Republic ( pl, Polska Rzeczpospolita Ludowa, PRL) was a country in Central Europe that existed from 1947 to 1989 as the predecessor of the modern Republic of Poland. With a population of approximately 37.9 million near the end of its existence, it was the second-most populous communist and Eastern Bloc country in Europe. It was also one of the main signatories of the Warsaw Pact alliance. The largest city and official capital since 1947 was Warsaw, followed by the industrial city of Łódź and cultural city of Kraków. The country was bordered by the Baltic Sea to the north, the Soviet Union to the east, Czechoslovakia to the south, and East Germany to the west. The Polish People's Republic was a socialist one-party state, with a unitary Marxist–Leninist government headed by the Polish United Workers' Party (PZPR). The country's official name was the "Republic of Poland" (') between 1947 and 1952 in accordance with the transitional Small Consti ...
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Socialist State
A socialist state, socialist republic, or socialist country, sometimes referred to as a workers' state or workers' republic, is a sovereign state constitutionally dedicated to the establishment of socialism. The term ''communist state'' is often used synonymously in the West specifically when referring to one-party socialist states governed by Marxist–Leninist communist parties, despite these countries being officially socialist states in the process of building socialism and progressing toward a communist society. These countries never describe themselves as '' communist'' nor as having implemented a communist society. Additionally, a number of countries that are multi-party capitalist states make references to socialism in their constitutions, in most cases alluding to the building of a socialist society, naming socialism, claiming to be a socialist state, or including the term ''people's republic'' or ''socialist republic'' in their country's full name, although this does ...
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Soviet Rouble
The ruble or rouble (russian: рубль) was the currency of the Soviet Union, introduced in 1922, replacing the Imperial Russian ruble. One ruble was divided into 100 kopecks ( – ''kopeyka'', ''kopeyki''). Soviet banknotes and coins were produced by the Federal State Unitary Enterprise (or Goznak) in Moscow and Leningrad. In addition to regular cash rubles, other types of rubles were also issued, such as several forms of ''convertible ruble'', transferable ruble, clearing ruble, Vneshtorgbank cheque, etc.; also, several forms of virtual rubles (called "cashless ruble", ) were used for inter-enterprise accounting and international settlement in the Comecon zone. In 1991, after the dissolution of the Soviet Union, the Soviet ruble continued to be used in the post-Soviet states, forming a "ruble zone", until it was replaced with the Russian ruble in September 1993. Etymology The word ''ruble'' is derived from the Slavic verb , ''rubit''', i.e., 'to chop'. Historically, a " ...
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People's Republic Of Hungary
The Hungarian People's Republic ( hu, Magyar Népköztársaság) was a one-party socialist state from 20 August 1949 to 23 October 1989. It was governed by the Hungarian Socialist Workers' Party, which was under the influence of the Soviet Union.Rao, B. V. (2006), ''History of Modern Europe A.D. 1789–2002'', Sterling Publishers Pvt. Ltd. Pursuant to the 1944 Moscow Conference, Winston Churchill and Joseph Stalin had agreed that after the war Hungary was to be included in the Soviet sphere of influence. The HPR remained in existence until 1989, when opposition forces brought the end of communism in Hungary. The state considered itself the heir to the Republic of Councils in Hungary, which was formed in 1919 as the first communist state created after the Russian Soviet Federative Socialist Republic (Russian SFSR). It was designated a " people's democratic republic" by the Soviet Union in the 1940s. Geographically, it bordered Romania and the Soviet Union (via the Ukrainian S ...
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Polish Złoty
The złoty (; abbreviation: zł; code: PLN) is the official currency and legal tender of Poland. It is subdivided into 100 grosz (''gr'').Singular: ''grosz'', alternative plural forms: ''groszy'', ''grosze''. The widely recognised English form of the currency name is the Polish zloty. It is the most traded currency in Central and Eastern Europe and ranks 22nd most-traded in the foreign exchange market. The word złoty is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder whereas the grosz subunit was based on the groschen, cognate to the English word groat. It was officially introduced to replace its predecessor, the Polish mark, on 28 February 1919 and began circulation in 1924. The only body permitted to manufacture or mint złoty coins is Mennica Polska, founded in Warsaw on 10 February 1766. As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złoty (PLZ) ...
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Dissolution Of The Soviet Union
The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Soviet Union (USSR) which resulted in the end of the country's and its federal government's existence as a sovereign state, thereby resulting in its constituent republics gaining full sovereignty on 26 December 1991. It brought an end to General Secretary Mikhail Gorbachev's (later also President) effort to reform the Soviet political and economic system in an attempt to stop a period of political stalemate and economic backslide. The Soviet Union had experienced internal stagnation and ethnic separatism. Although highly centralized until its final years, the country was made up of fifteen top-level republics that served as homelands for different ethnicities. By late 1991, amid a catastrophic political crisis, with several republics alrea ...
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