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Economic Reforms

In: Why did the Socialist System Collapse in Central and Eastern European Countries?

Author

Listed:
  • Jan Adam

    (The University of Calgary)

Abstract

It has already been indicated that the socialist economic system was doomed to failure unless far-reaching changes in its working were carried out. And therefore it is no wonder that the politicians agreed to changes, first to ‘perfections’ of the management system and only later to major economic reforms. In some countries and some periods, the CP leaders did not want to admit publicly that the traditional system needed an overhaul. They were afraid that such an admission would undermine the effectiveness of the ideology and the credibility of the Party. The minor changes in the system of management in the former Czechoslovakia in 1958 could be characterised as a typical ‘perfection’.

Suggested Citation

  • Jan Adam, 1995. "Economic Reforms," Palgrave Macmillan Books, in: Why did the Socialist System Collapse in Central and Eastern European Countries?, chapter 7, pages 117-137, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-24239-9_7
    DOI: 10.1007/978-1-349-24239-9_7
    as

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