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Reform of the Soviet Price System

In: Market Forces in Planned Economies

Author

Listed:
  • Morris Bornstein

    (University of Michigan)

Abstract

Rather than presenting an abstract discussion of price reforms in a hypothetical socialist centrally-planned economy, this paper considers the concrete case of the Soviet Union. It examines in turn the three main components of the price system: state industrial producer prices, agricultural producer prices, and retail prices. For each, it briefly analyses some important features of current pricing practice; discusses recent and prospective changes; and, by way of illustration, identifies some unresolved issues.1

Suggested Citation

  • Morris Bornstein, 1990. "Reform of the Soviet Price System," International Economic Association Series, in: Oleg T. Bogomolov (ed.), Market Forces in Planned Economies, chapter 6, pages 111-122, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-11559-4_6
    DOI: 10.1007/978-1-349-11559-4_6
    as

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