In this volume, which was originally published in 1979, an essay of analysis prefaces a collection of translated papers from Eastern Europe. The juxtaposition of analysis and original documents from Eastern European authorities (both revered there and disgraced) enables the reader to join in the experience of interpretation. The essay (Part I) provides an analysis of the mechanisms of Soviet-type economies. It concentrates on four issues: decision-making processes; the limits upon the choices made; practical implementation of the choices; and the objectives implied by them. This ends with an explanation of the relatively scant application of economic principles to the operation of this type of economic system. Part II is a reader consisting of appropriately chosen original texts from Eastern European sources grouped into sections on administration, resource allocation, planning and incentives. The issues are examined in relation to the special conditions which brought them to a head.
- ISBN10 6613686220
- ISBN13 9786613686220
- Publish Date 31 October 1979
- Publish Status Active
- Out of Print 11 July 2012
- Publish Country US
- Imprint Not Avail
- Format eBook
- Pages 304
- Language English