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Item Details
Title: THE DISTORTED WORLD OF SOVIET-TYPE ECONOMIES
By: Jan Winiecki
Format: Electronic book text

List price: £28.99


We believe that this item is permanently unavailable, and so we cannot source it.

ISBN 10: 1136668225
ISBN 13: 9781136668227
Publisher: TAYLOR & FRANCIS LTD
Pub. date: 16 August, 2013
Series: Routledge Revivals
Pages: 230
Description: This book highlights a discrepancy between the behaviour of individuals in the Soviet style economies and that expected of agents in a market system and outlines how the consequent discordance generates fundamental economic distortions.
Synopsis: 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.
Publication: UK
Imprint: Routledge
Returns: Non-returnable
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