Publisher's Synopsis
A team of contributors from Hungary, Poland, USA, USSR and Yugoslavia consider what is now the central economic and political conundrum facing China, Eastern Europe and USSR: the transformation from centrally planned economies to forms of "market socialism" which can interact advantageously with the capitalist economies. The main topics considered are socialist principles and the need for change, why reform is so difficult, the feasibility of half-way solutions, and economic and political reform.;These topics are further developed and analyzed in relation to China, East Germany, Hungary, Poland and Yugoslavia.
