The rise and fall of state socialism dominated the political and economic history of Central, East, and South-East Europe in the second half of the 20th century. Under Soviet domination, the CESEE countries adopted Soviet-style political institutions and the Stalinist model of economic management. In this chapter, we demonstrate how ideology interacted with economic and geopolitical conditions in shaping the economic institutions and economic policy between the end of the war and the fall of communism.
Economic policy under state socialism, 1945-1989
Vonyó, Tamás;
2021
Abstract
The rise and fall of state socialism dominated the political and economic history of Central, East, and South-East Europe in the second half of the 20th century. Under Soviet domination, the CESEE countries adopted Soviet-style political institutions and the Stalinist model of economic management. In this chapter, we demonstrate how ideology interacted with economic and geopolitical conditions in shaping the economic institutions and economic policy between the end of the war and the fall of communism.
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