Budget Deficit, Market Disequilibrium and Soviet Economic Reforms

Gur Ofer

51 citations0/0 files storedSoviet Economy

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Russia and Soviet political economy Soviet and Russian History Post-Communist Economic and Political Transition

Abstract

Problems within the present fiscal and monetary system of the USSR are examined (a) as a function of both past systemic shortcomings and of fiscal developments caused by economic reforms enacted to date and (b) as obstacles that must be overcome during the transition to a more market-oriented economy. Major sources of disequilibrium in the present economy are identified through analysis of Soviet budgets from both the reform and pre-reform periods, and a concluding section presents policy options for the period of transition to a more radical economic reform. Journal of Economic Literature, Classification Numbers: 027, 124, 300.

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2020The Hungarian Reform Process: Visions, Hopes, and Reality 1988Soviet economic growth, 1928-1985 1980The financial crisis in the USSR 1977Money, financial flows, and credit in the Soviet Union 1976Soviet Household Saving Behavior 1980Soviet Household Saving: A Cross-Section Study of Soviet Emigrant Families 1980Recent Evidence on Soviet Households Saving Behavior

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