The Soviet Union and Eastern Europe in the Global Economy


Book Description

The Soviet Union and Eastern Europe are moving away from a centrally planned economy toward integration within the global economy. How did this transition begin? Is this an aim which all the countries can afford? What conditions are to be met so that the countries will achieve a level of development comparable with the average level of their industrial partners? In this 1992 volume, leading international political economists from both the East and West provide an in-depth analysis of these questions. The contributors assess how the transition to the market requires liberalizing foreign trade, introducing convertibility, and transforming property structures, all of which are also part of the ongoing domestic reform. They also examine how these countries overcome their development lag and implement a restructuring policy.




Economic Adjustment and Reform in Eastern Europe and the Soviet Union


Book Description

Economic reform, structural adjustment, macroeconomic stabilization, and participation in the world economy are interconnected aspects of the same issue: the long-term economic viability of centrally planned economies in the rapidly changing economic environment of the modern world. Any economic strategy that focuses on only one or two of these aspects at the expense of the others is likely to fail; yet even strategies that build on all of these bases may well fail unless political leaders can muster exceptional skill, garner international support, and enjoy some good luck. The contributions to this volume reflect the recent research on this issue by various specialists on the economies of the Soviet Union and Eastern Europe. Each author emphasizes macroeconomic stabilization, structural adjustment, participation in the larger world economy, or ecomonic reform.




Eastern Europe in the World Economy


Book Description

n this authoritative study of international economic relations, first published in 1991, László Csaba examines the power structures, economic reforms and economic developments within Eastern Europe. He explores the history of intra-regional cooperation and conflicts and international trade, evaluating the changes within the system created by the standards and requirements of the world economy.




The New Eastern Europe And The World Economy


Book Description

This collection of essays looks at the emerging Eastern economies in their global economic context. In the light of far-reaching changes which have taken place in Eastern Europe, four main themes are assessed by international contributors.




The Impact of International Economic Disturbances on the Soviet Union and Eastern Europe


Book Description

The Impact of International Economic Disturbances on the Soviet Union and Eastern Europe: Transmission and Response focuses on the transmission of economic disturbances to the Soviet Union and Eastern Europe, as well as the policy responses of both to such disturbances. Topics covered include external inflation, balance of trade, and resource allocation, along with the impact of the world economic crisis on intra-CMEA trade. This book is comprised of 16 chapters and begins with an overview of major international economic disturbances during the first half of the 1970s and their transmission to the Soviet Union and Eastern European countries. The following chapters examine the adjustment made by East European economies to external disturbances; external inflation, balance of trade, and resource allocation in small centrally planned economies; whether the Soviet Union was affected by the international economic disturbances of the 1970s; and the relationship between foreign trade and the Soviet economy. The transmission of international disturbances to Yugoslavia, Hungary, and Poland and the responses of each country are also discussed. The final chapter assesses how the energy crisis and Western ""stagflation"" have affected the nature of Soviet-East European political relations in the years 1956-1973. This monograph will be of interest to economists and economic policymakers.




Transition Economies


Book Description

This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.




The Soviet Bloc And The Third World


Book Description

This volume deals with the nature of the relationship between the countries of Eastern Europe and the Soviet Union and those of the Third World, offering some background to the decline in the Soviet Union's international position, both politically and economically.




Socialism Goes Global


Book Description

This collectively written monograph is the first work to provide a broad history of the relationship between Eastern Europe and the decolonising world. It ranges from the late nineteenth to the late twentieth century, but at its core is the dynamic of the post-1945 period, when socialism's importance as a globalising force accelerated and drew together what contemporaries called the 'Second' and 'Third Worlds'. At the centre of this history is the encounter between the Soviet Union and Eastern Europe on one hand, and a wider world casting off European empires or struggling against western imperialism on the other. The origins of these connections are traced back to new forms of internationalism enabled by the Russian Revolution; the interplay between the first 'decolonisation' of the twentieth century in Eastern Europe and rising anti-colonial movements; and the global rise of fascism, which created new connections between East and South. The heart of the study, however, lies in the Cold War, when these contacts and relationships dramatically intensified. A common embrace of socialist modernisation and anti-imperial culture opened up possibilities for a new and meaningful exchange between the peripheries of Eastern Europe, Latin America, Africa, and Asia. Such linkages are examined across many different fields - from health to archaeology, economic development to the arts - and through many people - from students to experts to labour migrants - who all helped to shape a different form and meaning of globalisation.




Economic Reforms In Eastern Europe And The Soviet Union


Book Description

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. He shows that the focus of the reforms is on finding a proper combination of planning and the market mechanism, and their success will be judged