Socialist Economies and the Transition of the Market: A Guide

This provides a detailed account of each of the socialist countries and an analysis of the various problems they have met in the long transition to market economies, each of which is very different.

As central planning disappears from what was the socialist world, no viable economic systems have emerged to take its place. The integration of these countries into the international economic system and the development of market economies in them are among the most pressing economic problems of the future.

The Socialist Economies and the Transition to the Market provides the most comprehensive treatment available of economic change in all the former socialist economies and the various routes they may take to the market. While some problems are common to all command economies, others are confined to particular countries. This study examines the main feature of Soviet-type economies, foreign trade and its reform, and the various schemes which have been put forth for the transformation of these economies.

Ian Jeffries includes chapters on individual countries ranging from Cuba and Albania to the former Soviet Union and China. These chapters provide an overview of thepolitical and historical background of the individual countries as well as all the economic detail necessary to understand their current dilemmas.

Book Cover......Page 2 Title......Page 4 Copyright......Page 5 Contents......Page 6 1 The traditional Soviet economic system......Page 21 2 Foreign trade: the rise and fall of Comecon......Page 40 3 The Soviet Union......Page 58 4 Mongolia: from people’s republic to democracy and the market......Page 158 5 China......Page 170 6 Cuba......Page 214 7 North Korea......Page 234 8 Vietnam......Page 248 9 Albania......Page 271 10 Bulgaria......Page 280 11 Czechoslovakia......Page 291 12 The German Democratic Republic......Page 303 13 Hungary......Page 328 14 Poland......Page 346 15 Romania......Page 363 16 Yugoslavia......Page 374 17 General issues......Page 392 18 Albania......Page 419 19 Bulgaria......Page 434 20 Czechoslovakia......Page 445 21 East Germany: German economic and monetary union......Page 463 22 Hungary......Page 496 23 Poland......Page 508 24 Romania......Page 531 25 Yugoslavia......Page 544 Postscript......Page 561 Bibliography......Page 620 Glossary......Page 650 Index......Page 659 Central planning is disappearing from large parts of what was the socialist world but viable economic systems are yet to emerge to take its place. This book discusses each of the individual socialist countries, and provides an analysis of the various routes they might take to the market First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company