Planning and Profits in Socialist Economies.

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Cover; Halftitle Page; Title Page; Copyright Page; Contents; Tables and Figures; Foreword by Ed Hewett; Introduction; Part I Thecentralised modelandthe Stalinisthierarchy of priorities; 1 The fundamental elements of the centralised model; The system of directives; The incentive system; 2 From the requirements of the model to therealities of socialist countries; The freedom of the enterprise and the aims of theintermediate supervisory bodies; Planning versus 'spontaneous processes'; Part II Economic policiesin the post-Stalinist period andthe origins of the reforms; Introduction to Part II.

3 Quasi-cyclical changesThe swingsin economic policies; Decentralising reforms and the process of recentralisation; 4 The basic trends; The proliferation of priorities and increasing rigidities; The increase in the fundamental imbalances; The appearance of new distinctions; Part III Thereforms andtheiraftermath; 5 Limited or fundamental reform?; The common ground; The main differences and the distinguishing featuresof the two main types of reform; 6 The USSR and East Germany: the remains of the reforms; The lessons of the Soviet reform; The lessons of the East German reform.

The evolution of the economic policies and the overall performanceof the Soviet and East German economies7 Hungary: the reform that survived; The setting up of the reform; 1968-73: 'golden age' of the reform?; The NEMon trial; Conclusion: decentralised socialism, profits and competition; Notes; Bibliography; Index.

This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. The book: * Describes the centralized model and compares its requirements with the realities of socialist countries * Discusses the economic policies of the post-Stalinist period * Examines the origin of the reforms which began in 1956, culminating in the Soviet economic reform of 1965 and the rehabilitation of profit. Countries covered include the former USSR, the former East Germany and Hungary.

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