Stabilization and Sequencing in the Reform of Socialist Economies

Domenico Mario Nuti ()
Additional contact information
Domenico Mario Nuti: University of Rome

Chapter 12 in Collected Works of Domenico Mario Nuti, Volume I, 2023, pp 263-295 from Palgrave Macmillan

Abstract: Abstract The countries of Central and Eastern Europe, including the Soviet Union, are currently facing three major economic tasks at the same time: macroeconomic stabilization, both domestic and external; microeconomic and sectoral restructuring; and the transition from central planning to a mixed market economy. Political reform is also being attempted throughout the area, away from “democratic centralism” namely, Communist Party monopoly of power in the state and the economy, toward forms of democratic pluralism. This chapter considers the appropriate order in which governments might introduce changes in economic policy and institutions in these transitional economies.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-3-031-12334-4_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031123344

DOI: 10.1007/978-3-031-12334-4_12

Access Statistics for this chapter

More chapters in Studies in Economic Transition from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().