| Abstract: | A distinguished and outspoken Soviet proponent of perestroyka, who is one of its key architects, outlines the major components of an “ideal” price reform package before examining its possible consequences and obstacles to its full realization. He then presents what he believes is a workable alternative to the official Soviet policy on price reform, as well as a crude timetable for its implementation (sequence of reforms in retail and wholesale prices). The paper marks a significant shift in the author's view on the subject, journal of Economic Literature, Classification Numbers: 027, 052, 124, 227. |
