The International Vienna Council: A Transnational Elitist Club and the Transformations of East–West Economic Cooperation, 1973–96

This article analyses how forms of private cooperation between East and West were reshaped during the late Cold War and beyond. It does so by studying an elitist East–West club, called the International Vienna Council, which brings together leaders of multinational companies and leaders of the planned economy. While the permeability of the iron curtain has been well documented, little is known about the evolution of East–West circulation patterns during that time or the role played by economic elites. The International Vienna Council, initially a forum for ‘parallel diplomacy’, gradually became a platform for concrete business cooperation. The club’s activities continued after 1989, but it struggled with the transition from an East–West club to an interest group within the European Union. These dynamics shed light on the gradual autonomy of a private East–West cooperation group and its contribution to defining a pan-European economic space since the 1970s.