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Economic reform, structural adjustment, macroeconomic stabilization, and participation in the world economy are interconnected aspects of the same issue: the long-term economic viability of centrally planned economies in the rapidly changing economic environment of the modern world. Any economic strategy that focuses on only one or two of these aspects at the expense of the others is likely to fail; yet even strategies that build on all of these bases may well fail unless political leaders can muster exceptional skill, garner international support, and enjoy some good luck. The contributions to this volume reflect the recent research on this issue by various specialists on the economies of the Soviet Union and Eastern Europe. Each author emphasizes macroeconomic stabilization, structural adjustment, participation in the larger world economy, or ecomonic reform.
The author discusses the traditional system of management of the economy as it existed in the early 1950s in the USSR and goes on to deal with the reforms of the 1960s and of the 1980s, country by country. He shows that the focus of the reforms is on finding a proper combination of planning and the market mechanism, and their success will be judged by their ability to solve acute economic problems.
This analysis of economic reform in Eastern Europe covers topics such as the economics of conversion, reforming the Soviet economy, reform in Hungary, economic adjustment in Eastern Europe, and Eastern Europe and financial markets.
The author discusses the traditional system of management of the economy as it existed in the early 1950s in the USSR and goes on to deal with the reforms of the 1960s and of the 1980s, country by country. He shows that the focus of the reforms is on finding a proper combination of planning and the market mechanism, and their success will be judged
An evaluation of the efficacy of different forms of liberalization since the fall of communism in Eastern Europe, in the form of 13 essays on economic and political reforms. Following an extensive introductory essay (Economic Reform: Appropriate Steps and Actual Policies), the remaining essays are organized in three parts: fundamental components of economic reform; specific problems in reform; and comparisons and evaluations. Annotation copyright by Book News, Inc., Portland, OR
Can the economics of Eastern Europe make the dramatic transition from centrally-planned to market-led economics? This book tries to understand the intellectual background behind this change and the problems of managing it.
A collection of 16 essays written over the period 1984 to 1996, and so preserving perspectives at different stages of what we now know was the decline and breakup of the socialist economies of the Soviet Union and eastern Europe. They consider failures and their causes of political economy reform, determinants of the collapse of the system, and the feasibility of the process of systemic change. Annotation copyrighted by Book News, Inc., Portland, OR
Research papers on economic growth, Innovation and economic reform in the socialist countries of Eastern Europe, partic. Hungary, Poland, the USSR and Yugoslavia - covers issues relating to the impact of the political system on economic development, research and development, industrialization, industrial growth, choice of technology, trade with advanced capitalist countries; etc.; comments on socialist and Western economic theories; includes economic analysis methodology. Graphs, references, statistical tables.
This analysis comprises the final chapter of Currency Convertibility in Eastern Europe by John Williamson. That chapter rounded off and summed up a critique of how currency convertibility has worked in Eastern Europe and how it may work in the future.