The article analyzes why many transitional economies have succeeded by pursuing policies that differed significantly from the radical economic liberalization that was credited for economic success in the countries of Central Europe, while many countries with liberal policies have not succeeded....

In June-August 1997, a sharp devaluation of the currencies of the countries of Southeast Asia (SEA) occurred owing to the outflow of short-term capital; the Thai baht decreased in value by almost 30 percent by September, and the currencies of Indonesia, Malaysia, and the Philippines by 15-20...

The Report of the Central Committee of the Communist Party of the Soviet Union (CPSU) to the Twenty-fifth Party Congress states that in order to resolve the diverse economic and social problems confronting the nation, "there is no other avenue except the urapid growth of labor productivity and a...

Articles have been published repeatedly in the pages of iVoprosy ekonomiki/i in which attempts have been made to prove that the exchange rate of the ruble was artificially made too high, that a devaluation was not only desirable but essential to stimulate growth in exports and production, and...

Why indeed? Is it not obvious that a normal, full-fledged, developed market is inconceivable without private property? The term "socialist market" is by definition a contradiction, is just as nonsensical as the expression "socialist cold" because the market, like a cold, either exists or does...