This contribution summarises some of the most significant results of a detailed investigation made by the author. It deals with planning attempts made since the end of World War II in France, Belgium, Britain, Italy, Norway, Sweden and the Netherlands, the concept and policy of a social market...

Aware of the limitations of central economic planning, the Chinese leaders have issued instructions to complement the economic order, at least on an experimental scale, by elements of the market economy. The author attended the deliberations on the new Ten-Year Plan last autumn, and here he...

In the centrally planned economies of Eastern Europe, monetary policy played a subordinate role, there were no capital-market institutions and the banking system was single-tier. All this has to be changed in the transition to a market economy. The example of Hungary, which abolished the...