Are command economies unstable? Why did the Soviet economy collapse?
Harrison, Mark, 1949- (2001) Are command economies unstable? Why did the Soviet economy collapse? Working Paper. University of Warwick, Department of Economics, Coventry.
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The collapse of the Soviet economy at the end of the 1980s is ascribed to command failure. The likely sources of command failure and economic collapse in the Soviet case are analysed in terms of the payoffs to a dictator who controls the level of coercion and producers who control the level of effort. This approach is used to frame an analytical narrative of the evolution of the Soviet system under Brezhnev and Gorbachev.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||H Social Sciences > HC Economic History and Conditions
D History General and Old World > DK Russia. Soviet Union. Former Soviet Republics
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Communism -- Soviet Union, Dictatorship -- Soviet Union, Economics -- Political aspects, Soviet Union -- Economic policy, Soviet Union -- Economic conditions|
|Series Name:||Warwick economic research papers|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Date:||3 May 2001|
|Number of Pages:||16|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
|Description:||The paper is a nontechnical version of TWERPS no. 602|
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