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This book discusses the evolution of ideas about the desirable combination of planning and market in the former Soviet Union, Poland, Czechoslovakia and Hungary since the 1960s, when major economic reforms started, up to 1991 when the countries have been engaged in a transformation of their economies into market economies.
The contributors to this volume analyze the rise of the socialist welfare system, its advantages and disadvantages. The main focus of the volume is the analysis of the changes carried out and also those expected in the welfare system in the USSR, Poland and Hungary as a result of economic reforms.
He concludes that the lack of legitimacy of the communist regime, the disintegration of the Communist Party and its ideology were at least as important reasons as increasing lag behind the West in technology and the declining standard of living.
The author discusses the traditional system of management of the economy as it existed in the early 1950s in the USSR and goes on to deal with the reforms of the 1960s and of the 1980s, country by country.
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