Economic Evaluation of Soviet Socialism

Economic Evaluation of Soviet Socialism

Pergamon Policy Studies

1st Edition - January 1, 1979

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  • Author: Alan Abouchar
  • eBook ISBN: 9781483145198

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Description

Economic Evaluation of Soviet Socialism examines the economic achievements of Soviet socialism from a variety of perspectives. The Soviet Union's failure to eliminate inflation and its implications for the economy are considered in comparison to a capitalist developed or industrializing economy. The effects of inflation on welfare and efficiency are also discussed. This book is comprised of eight chapters and opens by sketching the distinguishing characteristics of Soviet socialism as well as six major sources of interest in the evaluation of Soviet socialism. The next section deals with three kinds of issues relating to Soviet socialist performance: organizational-structural aspects, economic growth, and efficiency. Questions such as whether the Soviet economy may have been able to obviate the traditional undesirable consequences of inflation are addressed. The growth of the economy and of important macroeconomic aggregates, such as national income, industrial production, and consumption, is also analyzed. The remaining chapters focus on economic efficiency in agriculture and industry in relation to the Soviet price mechanism. This monograph will be of interest to economists, social scientists, policymakers, and government officials.

Table of Contents


  • List of Figures and Tables

    Preface

    Chapter 1. Introduction

    Distinguishing Characteristics of Soviet Socialism

    Sources of Interest in the Study of Soviet Socialism

    Issues to be Studied

    Chapter 2. Organizational and Structural Characteristics

    Control of Cycles

    Unemployment

    Inflation

    Income Distribution

    Ability to Make Decisions or "Executive Ability"

    Chapter 3. Economic Growth

    Shortcomings in Soviet Measures of Macroeconomic Aggregates

    Consumption

    Industrial Growth

    Growth of National Income

    International Comparisons of Economic Growth

    Appendix: Graphical Presentation of the Index Number Problem

    Chapter 4. Spatial Efficiency

    Transportation Efficiency

    Location

    Political-Military Justification for the Distribution of Investment

    Efficiency of Investment Allocation Subject to Non-economic Constraints

    Conclusion

    Chapter 5. Efficiency in Agriculture

    Classification and Definitions of Inefficiency

    Technical Incompetence

    Incentive Structure Inefficiency

    Macro Intrasectoral Inefficiency

    Intersectoral Inefficiency

    Prospects

    A Systemic Comparison

    Chapter 6. Efficiency in Industry

    Behavioral Analysis of Industrial Managers

    Macro Productivity Measurement

    Empirical Analysis of Individual Industries

    Summary of Postwar Development of the Cement Industry

    Conclusion

    Chapter 7. The Price Mechanism and Economic Efficiency

    Some Problems in the Capitalist Price System

    The Soviet Price Mechanism

    Analysis of Soviet Capital Charges

    (Non-Capital) Resource Rents

    Conclusion

    Chapter 8. Conclusion

    Bibliography

    Index

    About the Author

Product details

  • No. of pages: 168
  • Language: English
  • Copyright: © Pergamon 1979
  • Published: January 1, 1979
  • Imprint: Pergamon
  • eBook ISBN: 9781483145198

About the Author

Alan Abouchar

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