Abstract
How far is it possible to speak of an economic crisis in Eastern Europe? If the answer is in the positive, then how do societies dominated by planned economies ever come to be- in a state of crisis? Do the East European economies suffer from inflation, unemployment and recession? What is the role of corruption and to what extent does it affect productivity? Or efficiency? Is the widely acclaimed Hungarian model only an exception which merely confirms the rule? Further, is it Poland that will ultimately show the way? These are some of the many stimulating questions which this slim volume attempts to answer. The result is a brief yet original account of the nature of the crisis obtaining on the economic front both in the Soviet Union and Eastern Eurore and in this attempt remains one of the few of its kind.
Published Version
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