Making Markets: Economic Transformation in Eastern Europe and the Post-Soviet States

By Shafiqul Islam; Michael Mandelbaum | Go to book overview

bearing in mind the constraints of political feasibility in both the East and the West.


Notes
1.
Richard Portes, "Central Planning and Monetarism: Fellow Travellers?" in Padma Desai, ed., Marxism, Central Planning, and the Soviet Economy ( Cambridge, Mass.: MIT Press, 1983).
2.
See, for example, Bela Balassa, "Economic Reform in Hungary", Economica 37 ( February 1970), pp. 1-22; Janos Kornai, "The Hungarian Reform Process: Visions, Hopes and Reality", Journal of Economic Literature 24 ( December 1986), pp. 1687-737; Richard Portes, "Economic Reforms in Hungary", American Economic Review 60 ( May 1970), pp. 307-13; Portes, "The Strategy and Tactics of Economic Decentralization", Soviet Studies ( April 1972); and Portes, "Hungary: Economic Performance, Policy and Prospects", in Joint Economic Committee, United States Congress, East European Economies Post-Helsinki ( Washington, D.C.: GPO, 1977).
3.
Richard Portes, The Polish Crisis ( London: Royal Institute of International Affairs, 1981).
4.
Richard Portes, "East Europe's Debt to the West: Interdependence Is a Two-Way Street", Foreign Affairs 55 ( 1977).
5.
Anders Aslund, "Prospects for Economic Reform in the USSR" ( Paper for World Bank Conference on Development Economics, Washington, D.C., 1992); European Economy 45 ( December 1991); Gerard Roland, "The Political Economy of Transition in the Soviet Union", Centre for Economic Policy Research Discussion Paper, no. 628 ( London, 1991).
6.
Gur Ofer, "Macroeconomic Issues of Soviet Reform", NBER Macroeconomics Annual 1990 ( Cambridge, Mass.: MIT Press, 1990).
7.
Richard Portes, "The Theory and Measurement of Macroeconomic Dis- equilibrium in CPEs", in Wojciech Charemza and Christopher Davis, eds., Models of Disequilibrium and Shortage for Centrally Planned Economies ( London: Chapman and Hall, 1989).
8.
John Williamson, The Economic Opening of Eastern Europe and the USSR ( Washington, D.C.: Institute for International Economics, 1991).
9.
Richard Portes, "Introduction" to "Economic Transformation of Hungary and Poland", European Economy 43 ( 1990).
10.
Michael Bruno, Guido Di Tella, Rudiger Dornbusch, and Stanley Fischer, eds., Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia, and Mexico ( Cambridge, Mass.: MIT Press, 1988); and Michael Bruno, Stanley Fischer, Elchenan Helpman, and Nissan Liviatan, eds., Lessons of Economic Stabilization and Its Aftermath ( Cambridge, Mass.: MIT Press, 1991).
11.
See Carlos Vegh, "Stopping High Inflation: An Analytical Overview", IMF Working Paper, no. 107 ( Washington, D.C., 1991).
12.
See Miguel Kiguel and Nissan Liviatan, "The Old and the New in Heterodox Stabilization Programmes", World Bank Working Paper, no. 323 ( Washington, D.C., 1989).

-49-

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Making Markets: Economic Transformation in Eastern Europe and the Post-Soviet States
Table of contents

Table of contents

  • Title Page iii
  • Council On Foreign Relations Books iv
  • Contents v
  • Foreword vii
  • Acknowledgments ix
  • Introduction 1
  • 1 - From Central Planning to a Market Economy 16
  • Notes 49
  • 2 - Economic Transformation in Central and Eastern Europe 53
  • Notes 97
  • 3 - Economic Reform in the USSR and Its Successor States 99
  • Notes 138
  • 4 - Western Financial Assistance and Russia's Reforms 143
  • Appendix to Chapter 4 - A Note on G-7 Assistance Extended to the Soviet Union 176
  • Notes 178
  • Conclusion - Problems of Planning a Market Economy 182
  • Notes 212
  • Appendix 216
  • Index 218
  • Glossary of Abbreviations and Acronyms 235
  • About the Authors 236
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