Popis: |
In the first part of this chapter, the problems inherent in the transition from central planning to a market system are discussed. Essentially they stem from the interrelated nature of an economic system that requires that a bundle of changes have to be made simultaneously for any meaningful reform to get started. This creates a dilemma in that a large bundle of simultaneous changes in the old system will lead to a danger of significant economic, social, and political destabilization. In the second part of the chapter, Soviet reform measures from 1987 through 1990 are described and analyzed. |