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The Introduction of Markets in a Hypercentralized Economy: The Case of Romania

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Author Info

  • Avner Ben-Ner
  • J. Michael Montias

Abstract

This paper discusses communist Romania, the economy in the Ceausescu era, 1965-1989, the economy after the Revolution of December 22, 1989, and current problems and prospects for the Romanian economy.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.5.4.163
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 5 (1991)
Issue (Month): 4 (Fall)
Pages: 163-170

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Handle: RePEc:aea:jecper:v:5:y:1991:i:4:p:163-70

Note: DOI: 10.1257/jep.5.4.163
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Cited by:
  1. Skoufias, Emmanuel, 1999. "The structure of wages during the economic transition in Romania," FCND discussion papers 57, International Food Policy Research Institute (IFPRI).
  2. Andren, Daniela & Earle, John S. & Sapatoru, Dana, 2005. "The wage effects of schooling under socialism and in transition: Evidence from Romania, 1950-2000," Journal of Comparative Economics, Elsevier, vol. 33(2), pages 300-323, June.

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