The West has scored an economic "victory" in Eastern Europe. In the Far East, on the other hand, developments appear to be slipping out of its hands: not only Japan but also, to an ever greater extent, South Korea and Taiwan have been growing into serious competitors in more and more sectors;...

Seventy years after the Bolshevik Revolution the Soviet Union is to embark on a new economic path which, according to Mikhail Gorbachev, will again call for revolutionary measures. What form will these measures take? What obstacles stand in the way of the planned reforms? What are their chances...