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Perestroyka and its implications for European socialist countries (英语)

Perestroyka, introduced in the Soviet Union to reform the economy after the "period of stagnation" under Brezhnev, involves combining centralized planning with elements of a market economy. For it to succeed, certain micro and macro conditions need to be fulfilled. As far as micro conditions are concerned, the interdependence of rational prices, decentralization, profit maximization, incentives, and competition should be emphasized. For commodities...
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