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Development of the Economies

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

Author

Listed:
  • Jan Adam

    (The University of Calgary)

Abstract

There is no doubt that the worsening economic situation in the 1980s was one of the decisive factors which brought down the socialist system. From the beginning of the socialist system up to the second half of the 1970s, the three countries could boast quite good results in economic growth rates, though they were marked by a falling tendency. There was even a time when they could bask in the propagated myth that the socialist system ensures higher rates of growth than the capitalist system. They were able to back up this myth at least with regard to most capitalist countries.

Suggested Citation

  • Jan Adam, 1995. "Development of the Economies," Palgrave Macmillan Books, in: Why did the Socialist System Collapse in Central and Eastern European Countries?, chapter 8, pages 138-160, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24239-9_8
    DOI: 10.1007/978-1-349-24239-9_8
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    Cited by:

    1. Fforde, Adam & Huan, Nguyen Dinh, 2001. "Vietnamese Farmers’ Organisations," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 125630, Australian Agricultural and Resource Economics Society.
    2. Simatele, Munacinga C H, 2004. "Financial sector reforms and monetary policy reforms in Zambia," MPRA Paper 21575, University Library of Munich, Germany.
    3. Margaret S. McMillan, 1999. "Foreign Direct Investment: Leader or Follower?," Discussion Papers Series, Department of Economics, Tufts University 9901, Department of Economics, Tufts University.

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