Information is provided on the contribution of the study of the Soviet economy to the fields as diverse as the measurement of economic growth, institutional economics, economic administration, the economics of property rights, the economics of the informal sector, the economics of famines, the ...
Information is provided on the contribution of the study of the Soviet economy to the fields as diverse as the measurement of economic growth, institutional economics, economic administration, the economics of property rights, the economics of the informal sector, the economics of famines, the ...
“The Soviet Economy.” The Economist 9 Apr. 1988: 48-49. Newspaper article Franklin, Daniel. “ In the West Interest.” The New York Times 18 Feb.1987. Films and videotapes The Soviet People Speak Their Minds. Franklin, Daniel. MPI Production, 1984. Personal interviews Franklin,Daniel....
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What Is the First World? “First world,” a term developed during the Cold War in the 1950s, originally referred to a country that was aligned with the United States and other Western nations in opposition to what was then the Soviet Union and its allies. ...
Furthermore, the concentration of power within the government can create an environment where political motivations override the basic needs of the people. Indeed, at the same time the Soviet Union was diverting vast resources to build up its military capability, its residents often had trouble atta...
For most of the last century, however, market economies have been understood in contrast to command economies. Cuba, North Korea, and the former Soviet Union all have or had command economies. China maintained a command economy until 1978 when it began its transition to a mixed economy that ...
Soviet Union (USSR): The former Soviet Union was known for its centrally planned command economy, where the government owned all major industries and controlled production anddistribution. North Korea: North Korea is often cited as one of the most centrally planned economies in the world, with th...
that moment in time was a golden opportunity in this regard, in that their former rival, the Soviet Union, had just disappeared, makingit the sole global power. At the time, many media outlets and experts from the US were discussing how the world had become "unipolar", and how the state...
What is going to happen to the world economy? We will never know the answer to this question. In one decade after another, something big and largely unexpected has occurred: the great inflation and oil shocks in the 1970s, the disinflation of the early 1980s, the fall of the Soviet Unio...