This article provides a critical review of the Socialist Management System with a profile of management practices in the centrally planned economies in Eastern Europe. It draws on the work by Kornai and Chavance, exploring the economic reforms in Eastern Europe pre-1989 and the typical...

Frontmatter -- Preface -- Contributors -- Contents -- Introduction -- Part 1. Economic Planning in a Democratic Society? -- In no country where private enterprise is dominant could central planning be successful without a close and trustful co-operation between government, private enterprise and...