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Market Socialism or the Restoration of Capitalism? : International Council for Central and East European Studies - Anders Aslund

Market Socialism or the Restoration of Capitalism?

International Council for Central and East European Studies

By: Anders Aslund (Editor)

Hardcover

Published: 29th November 1991
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When East European communism collapsed in the revolutions of 1989, the newly liberated countries discarded socialism altogether. For the first time, most of Eastern Europe experienced free elections and a multitude of parties, mostly with liberal, conservative or nationalist connotations, made their entry into political life. A bewildered world is now trying to imagine the future course of events. Has capitalism won or is something different emerging? Has market socialism vanished for good? How can the transitionary period be managed and what effect will it have on the standard of living in Eastern Europe? In this book, ten distinguished experts explore this transition to a market economy in Eastern Europe. In part I the authors consider what remains of market socialism. Wlodzimierz Brus discusses the future roles of both planning and the market, Mario Nuti argues that market socialism never existed, whilst Gerhard Fink outlines how a normal market economy can be established. In the following section, Jan Adam, Pekka Sutela and Anders Aslund investigate the development of economic thinking and policy making in Poland, Hungary and the Soviet Union and Stephen Fortescue examines the role of Soviet industrial ministries. The final part is devoted to aspects of the Soviet economy under perestroika. Sheila Marnie analyses labour issues, Henryk Flakierski assesses income distribution and Jan Ake Dellenbrant offers fresh insights on current economic levels in Estonia and Finland. Market Socialism or the Restoration of Capitalism? Presents a collection of thought-provoking articles on a most topical issue that few have yet managed to study. It will therefore be essential reading for all students and specialists of Soviet and East European studies, economics and politics.

Introduction
Market Socialism Revisited
The compatibility of planning and market reconsidered
Market socialism: the model that might have been but never was Domenico
Monetary-fiscal management for macroeconomic equilibrium and growth
Economic Thinking and Policy-Making
The possible new role of market and planning in Poland and Hungary
Rationalizing the centrally managed economy: the market
Changes in Soviet economic policy-making in 1989 and 1990
The restructuring of Soviet industrial ministries since 1985
Effects of Perestroika on Soviet Life
Employment and the reallocation of labour in the USSR
Changes in income inequality in the USSR
Estonia's economic development 1940-1990 in comparison with Finland
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521411936
ISBN-10: 0521411939
Series: International Council for Central and East European Studies
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 228
Published: 29th November 1991
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 1.4
Weight (kg): 0.48