Macroeconomic issues of Soviet reform

Abstract

A standard approach to economic reform in socialist economies has developed over the last 2 yr, on the basis of both experience, especially in Poland, and analysis. We start by reviewing this new orthodox prescription and then examine the developing Russian reform program in its light. We turn next to the special aspects of reform in the former Soviet republics, interrepublican economic relations and reform coordination, and conclude with a brief discussion of the role of the West. -from Authors