Table of Contents

Introduction Anders Aslund; Part I. Market Socialism Revisited: 1. The compatibility of planning and market reconsidered Wlodzimierz Brus; 2. Market socialism: the model that might have been but never was Domenico Mario Nuti; 3. Monetary-fiscal management for macroeconomic equilibrium and growth Gerhard Fink; Part II. Economic Thinking and Policy-Making: 4. The possible new role of market and planning in Poland and Hungary Jan Adam; 5. Rationalizing the centrally managed economy: the market Pekka Sutela; 6. Changes in Soviet economic policy-making in 1989 and 1990 Anders Aslund; 7. The restructuring of Soviet industrial ministries since 1985 Stephen Fortescue; Part III. Effects of Perestroika on Soviet Life: 8. Employment and the reallocation of labour in the USSR Sheila Marnie; 9. Changes in income inequality in the USSR Henryk Flakierski; 10. Estonia's economic development 1940–90 in comparison with Finland Jan Ake Dellenbrant; Index.

Promotional Information

In this book, ten distinguished experts explore the transition to a market economy in Eastern Europe.