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

By Shafiqul Islam; Michael Mandelbaum | Go to book overview

COUNCIL ON FOREIGN RELATIONS BOOKS

The Council on Foreign Relations, Inc., is a nonprofit and nonpartisan organization devoted to promoting improved understanding of international affairs through the free exchange of ideas. The Council does not take any position on questions of foreign policy and has no affiliation with, and receives no funding from, the United States government.

From time to time, books and monographs written by members of the Council's research staff or visiting fellows, or commissioned by the Council, or written by an independent author with critical review contributed by a Council study or working group are published with the designation "Council on Foreign Relations Book." Any book or monograph bearing that designation is, in the judgment of the Committee on Studies of the Council's Board of Directors, a responsible treatment of a significant international topic worthy of presentation to the public. All statements of fact and expressions of opinion contained in Council books are, however, the sole responsibility of the author.

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Copyright © 1993 by the Council on Foreign Relations®, Inc. All rights reserved. Printed in the United States of America.

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Library of Congress Cataloging-in-Publication Data

Making markets : Economic transformation in Eastern Europe and the post-Soviet states / edited by Shafiqul Islam and Michael Mandelbaum.

p. cm.

Includes bibliographical references and index.

ISBN 0-87609-129-X : $14.95

1. Europe, Eastern -- Economic policy -- 1989- 2. Former Soviet republics -- Economic policy. 3. Europe, Eastern -- Economic conditions -- 1989- 4. Former Soviet republics-Economic conditions. 5. Mixed economy -- Europe, Eastern. 6. Mixed economy -- Former Soviet republics. I. Islam, Shafiqul. II. Mandelbaum, Michael. HC244.M256 1993 92-40676 338.947 -- dc20 CIP

92 93 94 95 EB 7 6 5 4 3 2 1

(Cover Design: Jon McEwen)

-iv-

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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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