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Economic Reforms in Centrally Planned Economies and their Impact on the Global Economy (Hardcover)
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Economic Reforms in Centrally Planned Economies and their Impact on the Global Economy (Hardcover)
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By the middle of 1987, it had become apparent that the drift
towards far-reaching economic and political reforms in Eastern
Europe, the Soviet Union, China and a number of Asian centrally
planned economies would have far-reaching implications for the
world economy. As new institutional arrangements evolve in those
economies, the changes inevitably affect their entire external
trade and payment relations. In the initial phase the reform
process as well as its external policy aspects evoked considerable
scepticism among participants in the global economy. It was against
this backdrop that the Department of International Economic and
Social Affairs convened an international symposium on the external
impact of the economic reforms in the aforementioned countries. Its
principal purpose was twofold to evaluate the external aspects of
the ongoing reforms and their implications for the participation of
these economies in the global economic framework. On the other
hand, the symposium was to identify areas in which the more
imtimate integration of these countries into the global economic
framework could be facilitated and to separate those fields from
others that would need more research, d
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