A Final Comment

7 I would like to express my appreciation to Dr. Mendershausen for having called my attention to a number of errors which crept into my original calculations. I have now recalculated all figures for I958 and I959. The results are almost in substance although a number of the figures require minor corrections. By unchanged in substance, I mean (I) there is still mutual discrimination between the Soviets and the Bulgarians and (2) the Bulgarians still appear to discriminate more heavily than the Soviets against the rest of the Bloc, particularly with respect to exports. The only error of direction appears to be Bulgarian imports from the USSR in I959 (Table 2) in which it turns out that the Bulgarians did not discriminate against the Soviets on a by-commodity basis. However, they still discriminate in I958 on imports and also in I959 on a weighted value basis (Table 3). Recalculated figures are available upon request

Economics · Monetary Policy and Economic Impact