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The authors suggest that the rapid growth of the illegal underground economy in 1970s and 1980s has destabilized the Soviet state economy and weakened the mechanism of central planning. This hypothesis is advanced on the basis of the examination of striking decline in income (legal) elasticities...
Persistent link: https://www.econbiz.de/10014197841
The purpose of this paper is to summarize and offer analytical comments concerning the availability and reliability of official government statistics on alcohol and related issues in the former Soviet Union and contemporary Russia. The paper is organized in six section. The introduction (Section...
Persistent link: https://www.econbiz.de/10014155719
The paper examines two prevalent schools of thought explaining the deterioration of the economy and the ultimate collapse of the Soviet system. The first explanation places the blame on Gorbachev's poorly designed perestroika which destroyed the well functioning central planning system without...
Persistent link: https://www.econbiz.de/10005198734
The authors suggest that the rapid growth of the illegal underground economy in 1970s and 1980s has destabilized the Soviet state economy and weakened the mechanism of central planning. This hypothesis is advanced on the basis of the examination of striking decline in income (legal) elasticities...
Persistent link: https://www.econbiz.de/10005439792