Article discuss among others the Pazos-Simonsen Mechanism - short term wage controls as a means of abrogating existing wage contracts, short serm wage controls as a mechanism for co-ordinatingexpectations and short term wage controls in semi-heterodox stabilization programmes as well as medium...

Die Autoren befassen sich mit dem für zentral geplante Volkswirtschaften charakteristischen Phänomen des rapiden Anstiegs der Industrieproduktion gegen Ende eines jeden Planjahres, wobei es sich um eine für kapitalistische Länder nicht zu konstatierende Tendenz handelt. In diesem...

If official statistics are to be believed, the fall in output in the transition economies of Central and Eastern Europe has probably been the largest anywhere in peacetime in modern history (failed harvests could cause even larger falls in agricultural societies, and such effects were felt on a...