Understanding the market economy: aspects of planning

Article Abstract:

The economic policies of the centrally planned economies of Central and Eastern Europe are attempting to change to market economies. In order to do so, the differences between these two methods must be understood. Centrally planned economies can be characterized in that production targets are seen as goals, price is not used as a signal of availability and industry cannot be reorganized through bankruptcy. These factors lead to a situation of constant excess demand, wasteful production methods, inefficient monitoring of production and a system driven by production rather than consumption.

Analysis, Central planning

---

Reforms in Eastern Europe

Article Abstract:

The economic and political collapse of the Soviet Union and its Eastern European satellite states was predictable and grew out of the system's design, but Eastern Europe has much to look forward to nevertheless. Elements of the collapse and their causes are analyzed, as are the reforms, which arise from many of the same causes. Price reform, privatization, re-education, free trade, and stability of the regional economic system are all critical to proper development, and together will permit prosperity.

International aspects, Eastern Europe, Europe, Eastern

---

Growing apart

Article Abstract:

Issues are presented concerning the exogenous and endogenous patterns of economic growth in the global economy. The importance of adequate natural resources, technological factors and economic policy for the promotion of economic growth is discussed.

Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Economic aspects, Developing countries, Economic development, Industrialized countries, International trade, Industrial nations

Similar abstracts:

• Abstracts: A critique of the application to China of the non-market economy rules of antidumping legislation and practice of the European Union
• Abstracts: Ancestral territory vs. the global nomenklatura. The global minute interrupted
• Abstracts: From alias nation to the Berlin Republic. Democracy after the nation-state. The indispensable nation vs. the indispensable organization
• Abstracts: Still a third way for Europe. Road map to a Muslim renaissance: an education Jihad and fairness for Palestinians

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.