USSR in Crisis: The Failure of an Economic System

Abstract

In virtually all sectors of the economy, evidence of stagnation, waste, and mismanagement proliferates. The convergence of these problems is no historical accident. As Marshall Goldman. a leading analyst of the Soviet economy, demonstrates, the Russians continue to adhere to a planning model set forth by Stalin in the 1920s. The chances of a turnaround, therefore, hinge on reform of the system-reform that the Soviet leaders fear might trigger unpredictable and uncontrollable forces that have been pent up for sixty-five years.

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