Introduction: Outcomes of Transformation
Chapter 1 in The Transformation of State Socialism, 2007, pp 1-32 from Palgrave Macmillan
Abstract When, on 25 February 1986, Mikhail Gorbachev launched the programme of perestroika, he presided over what was known as the ‘world socialist system’. This was made up of a core of 16 established states located in central and eastern Europe, Asia and Latin America. In addition, there were seven African states which defined themselves as ‘Marxist-Leninist’. These societies all had in common a centrally planned economy, a hegemonic communist party and a comprehensive state-based system of social welfare, science and education. They had large, well-organized armed forces and the USSR was equipped with nuclear weapons. State socialism was a world system and a competitor to capitalism.
Keywords: European Union; Gross Domestic Product; Gini Index; United Nations Development Programme; German Democratic Republic (search for similar items in EconPapers)
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