In December 1991 the Union of Soviet Socialist Republicsborn in violent revolution and dominated for more than six decades by highly authoritarian rulewas dissolved by its constituent republics. The causes for this remarkable event will be probed for many years to come. Our understanding of it may never be complete. Nevertheless, it is evident even now that part of the story lay in a conscious redirection of policy by specific individuals. Those at the center of political and economic power understood the flaws in their system well enough to initiate a process of reform, but one that...
In December 1991 the Union of Soviet Socialist Republicsborn in violent revolution and dominated for more than six decades by highly authoritarian ...
Six European socialist states - Bulgaria, Czechoslovakia, Hungary, Poland, Rumania and the Soviet Union - announced the establishment of CMEA in January, 1949. Each CMEA country has the centrally planned economy of the socialist state, with the check on the free movement of prices that a deliberate planning policy provides. This book discusses what determines the movement of resources in the CMEA economy and what role the price system plays. Professor Hewitt concludes that the price system resulted in price changes causing a significant deterioration in Soviet-East European terms of trade...
Six European socialist states - Bulgaria, Czechoslovakia, Hungary, Poland, Rumania and the Soviet Union - announced the establishment of CMEA in Janua...