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Gorbachev’s Economic Reform

Jan Adam
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Jan Adam: University of Calgary

Chapter 10 in Economic Reforms in the Soviet Union and Eastern Europe since the 1960s, 1989, pp 169-189 from Palgrave Macmillan

Abstract: Abstract In the beginning of the 1970s, the 1965 economic reform, which had raised some hopes for the future, was more or less dead; it had been gradually emasculated so that, several years after its introduction, little of it remained. With the deterioration of the economy in the second half of the 1970s, the Soviet leaders were again willing to make some changes in the system of management. In 1979 they came up with a package of provisions which aimed at improving the system of planning, the incentive system and investment activities in order to make the economy more efficient, or, to put it in Soviet parlance, to ‘intensify’ the performance of the economy (SEG, 1979, no. 32, 1979-hereafter the ‘1979 decree’). Needless to say, the 1979 changes were not intended to transgress the framework of the centralised system. It soon became clear, as could be expected, that these changes had no great effect on the economy (Aganbegian, 1983).

Keywords: Economic Reform; Development Fund; Central Planner; Wholesale Prex; Supply Contract (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19709-5_10

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DOI: 10.1007/978-1-349-19709-5_10

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