Book Description

The East European Economies in the 1970s reviews the development of economic policy in Eastern Europe in the 1970s. This book includes individual country studies that compare and contrast both the aims of economic development and the results of the growth process, as well as the instruments employed in economic policy. More specifically, this book examines what has happened during the past decade after the fundamental changes in economic policy that occurred in the 1960s. This text is comprised of 10 chapters; the first of which provides a background on economic reform in Eastern Europe during the 1970s. Attention then turns to the economic policy, methods, and performance of the USSR after 1970. The chapters that follow focus on the German Democratic Republic, Poland, Czechoslovakia, Hungary, Bulgaria, Romania, and Yugoslavia. This book concludes with a discussion on the economic system of Albania in the 1970s, focusing on the country's conservative radicalism, agriculture, and sharp disputes on economic policy between 1974 and 1976. Throughout the book, the emphasis is on how the ""process of reconstruction within the system"" has led to increasing differentiation of aims, institutions, and instruments of economic policy between individual countries. This book will be of interest to political science students, political scientists, political economists, and policy analysts.