Collapse and recovery
This chapter focuses on the macro level economic environment within which the enterprise operates. It is divided into six sections. Following a brief introduction, the second section outlines the socialist economic situation at the end of the 1980s, a period of decline following the ‘era of stagnation’ under Brezhnev. The third section summarizes trends in the macroeconomy after 1989, covering GDP, inflation, state budgets, international trade flows, and balance of payments. The fourth section discusses labour market trends — employment, unemployment, earnings, and labour productivity. The fifth section discusses the development of macroeconomic policies in the region after 1989. The concluding sixth section provides a brief summary.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.