1989” “1991
Cameron Gordon
Chapter Chapter 27 in Many Possible Worlds, 2023, pp 757-784 from Springer
Abstract:
Abstract In 1950, the sphere of “Really Existing Socialism” covered about one third of the world’s population, though the single country of newly Communist China made up for a large proportion of this. (This label was used by the bloc to indicate that despite the shortfalls of Socialist governments when compared to the ideal, at least they were up and running.) Large as it was, it was a very self-contained universe, even in the two decades that followed which saw an explosion of economic growth worldwide across all economic systems. By the 1980s this bloc was suffering many internal strains, and many external challenges. Though many of these were known in both East and West at the time, the suddenness of its complete collapse took everyone by surprise. There were many different lessons to be drawn from this on both sides of the former “Iron Curtain”, not all of them easy to take.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-9281-0_27
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DOI: 10.1007/978-981-19-9281-0_27
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