The XXVIIth Congress of the CPSU marked the beginning of a new phase in Soviet economic policy which is to last to the year 2000. The Congress laid down the objectives for this phase and the means by which the objectives are to be achieved. Our article examines the question whether, or to what...

The article discusses the economic difficulties from which the industrialized nations have been suffering for the past years giving special regard to the controversy as to what concept of economic policy should be adopted in order to overcome the present problems.