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  4. Fall 1991
  5. The Introduction of Markets in a Hypercentralized Economy: The Case of Romania

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

The Introduction of Markets in a Hypercentralized Economy: The Case of Romania

  • Avner Ben-Ner
  • J. Michael Montias
Journal of Economic Perspectives
vol. 5, no. 4, Fall 1991
(pp. 163–170)
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Abstract

This paper discusses communist Romania, the economy in the Ceausescu era, 1965-1989, the economy after the Revolution of December 22, 1989, and current problems and prospects for the Romanian economy.

Citation

Ben-Ner, Avner, and J. Michael Montias. 1991. "The Introduction of Markets in a Hypercentralized Economy: The Case of Romania." Journal of Economic Perspectives, 5 (4): 163–170. DOI: 10.1257/jep.5.4.163

JEL Classification

  • P23 Socialist Systems and Transitional Economies: Factor and Product Markets; Industry Studies; Population
  • O52 Economywide Country Studies: Europe
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