Components and Dynamics of Economic Transformation

The economic systems established in the Soviet-bloc countries were variants of command socialism. That is to say, in these countries most of the means of production were publicly owned and economic activity was coordinated chiefly by command. At the same time, these countries had a comprehensive welfare state financed through taxation and the profits of state enterprises. Bearing this in mind, it is possible to turn to the main dimensions of economic transformation in post-communist societies. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.