The Distorted World of Soviet-Type Economies (Routledge Revivals)

By Jan Winiecki

© 1988 – Routledge

230 pages

Purchasing Options:
Paperback: 9780415677431
pub: 2012-11-22
US Dollars$46.95
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Hardback: 9780415676052
pub: 2011-05-18
US Dollars$140.00
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About the Book

The Soviet Union and Eastern Europe provide unique examples of large-scale relatively highly developed centrally planned economies. In the 1980s economists in both the East and West began to focus with increasingly critical attention on the economies of the Soviet Bloc, in an attempt to explain why they were performing so poorly in comparison with the economies of the Western powers and the capitalist countries of South-East Asia.

First published in 1988 this substantial and innovative contribution to the critical literature on the economies of the former Soviet bloc is unusual in that its author is equally familiar with both Western and Eastern sources. It highlights, in particular, a discrepancy between the behaviour of individuals in Soviet-style economies and that expected of agents in a market system. It proceeds to outline how the consequent discordance between microeconomic practice and macroeconomic planning generates fundamental economic distortions.

Table of Contents

Part 1: The Distorted Macroeconomics of Central Planning 1. Quantities 2. Prices Part 2. The Distorted Structure of Soviet-type Economies 3. The Overgrown Industrial Sector 4. Peculiarities of Intra-Industry Change Part 3. Soviet-type Economies and the World Market 5. Import Pressure and Distorted Export Structure 6. The Failure of Catching-up Through Technology Imports

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS023000
BUSINESS & ECONOMICS / Economic History
BUS039000
BUSINESS & ECONOMICS / Economics / Macroeconomics
HIS032000
HISTORY / Europe / Russia & the Former Soviet Union
POL005000
POLITICAL SCIENCE / Political Ideologies / Communism & Socialism