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.

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

This book discusses the evolution of ideas about the desirable combination of planning and market in the former Soviet Union, Poland, Czechoslovakia and Hungary since the 1960s, when major economic reforms started, up to 1991 when the countries have been engaged in a transformation of their economies into market economies. It also discusses the common and contrasting features of the debates which evolved in the countries under review.

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 contributors to this volume analyze the rise of the socialist welfare system, its advantages and disadvantages. The main focus of the volume is the analysis of the changes carried out and also those expected in the welfare system in the USSR, Poland and Hungary as a result of economic reforms.

Compilation of papers on the reform of the economic systems of planned economy in Eastern European countries and the USSR - includes papers on the effects of political ideology on the soviet system, the economic reforms of 1965 and 1968 in Bulgaria, the obstacles to economic development in Czechoslovakia, management and marketing reforms in Hungary, changes in the economic planning systems of Poland, Romania and Yugoslavia, etc. References.

Analyzes the interaction between Eastern European and Soviet political and economic reform, emphasizing Soviet actions under the present regime. It deals with the consolidation of party power, the attempts to legitimize authority, new Soviet rules and procedures, and various philosophies of reform.