The Prediction of Communist Economic Performance

This study represents attempts dating from 1967 by nine experts on Communist economics to forecast the performance of individual Communist countries. These predictions provide a great deal of comparable information and make experimental use of elementary econometrical techniques which have rarely been applied to these countries before. The book also contains as a unique feature criticism and self-criticism of the predictions of 1967 (here reproduced unchanged) in the light of subsequent events. A most valuable by-product is the analytical comparison of planning procedures and of agricultural ownership country by country so that the differing progress of the reforms can be easily grasped.