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The Socialist Countries at a Critical Stage in World Economic Development

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Abstract

The economic system of the socialist countries is undergoing profound changes. These changes are dictated by modern technological progress, the new needs of socialist society, and shifts in the world economy. The scale and complexity of the tasks that lie ahead can be seen more clearly and in greater detail if we examine socialist countries worldwide. And there is all the more justification for doing so, because today's world is distinguished by the increasing political and economic interconnectedness of the development of individual states regardless of differences in their socioeconomic organization. It should also be remembered that the restructuring process is taking place at a critical stage in the world economic process.

Suggested Citation

  • Oleg Bogomolov, 1987. "The Socialist Countries at a Critical Stage in World Economic Development," Problems of Economic Transition, Taylor & Francis Journals, vol. 30(8), pages 38-54.
  • Handle: RePEc:mes:prectr:v:30:y:1987:i:8:p:38-54
    DOI: 10.2753/PET1061-1991300838
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    Cited by:

    1. Yener Kandogan, 2004. "How Much Restructuring did the Transition Countries Experience? Evidence from Quality of their Exports," William Davidson Institute Working Papers Series 2004-637, William Davidson Institute at the University of Michigan.
    2. Ali Saggay & Almas Heshmati & Mohamed Dhif, 2007. "Effects of trade liberalization on domestic prices: Some evidence from Tunisian manufacturing," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 54(1), pages 148-175, March.
    3. Yener Kandogan, 2003. "Technological Progress Through Trade Liberalization in Transition Countries," William Davidson Institute Working Papers Series 2003-567, William Davidson Institute at the University of Michigan.
    4. Yener Kandogan, 2003. "The Reorientation of Transition Countries??? Exports: Changes in Quantity, Quality and Variety," William Davidson Institute Working Papers Series 2003-631, William Davidson Institute at the University of Michigan.

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