The Planned Economies Of Eastern Europe
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The Planned Economies of Eastern Europe
First published in 1983, The Planned Economies of Eastern Europe provides a penetrating analysis of the Eastern European economies, beginning with an examination of the Soviet model on which they are based. An interesting comparison is made between the levels of economic development in these countries before and after adopting the Soviet model. The effect of the model in generating rapid industrial growth by giving priority to heavy industry without regard to the raw material base, and in doing so, neglecting agricultural development, is looked at in detail. This is followed by a survey of proposals to reform the system put forward by Polish, Hungarian, and Czechoslovakian economists. A discussion of the role of money and the problems of consumer equilibrium, and the problems of foreign trade, both inside and outside Comecon, concludes this in-depth and constructive review.
The Planned Economies of Eastern Europe
Comparison of planned economies in Eastern Europe - discusses theoretical background (Marxism and Stalinism), historical development of the socialist economic planning system in the USSR, economic development and industrial production trends (1951-1980), trade relations with market economy developed countries and CMEA economic integration, external debts, role of money, and issues relating to inflation, consumer dissatisfaction, retail trade, energy, economic equilibrium, etc.; considers proposals for economic policy reform. References.
Economic Reforms in the Soviet Union and Eastern Europe since the 1960s
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.