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Comparing the Foreign Economic Strategies of Market and Centrally Planned Economies

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Macroeconomic Management and the Enterprise in East and West

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Abstract

Comparative economics should go beyond the simplistic classification of countries as capitalist vs. socialist, or as market economies vs. centrally planned economies (CPEs), because those terms veil important similarities between countries belonging to different groups as well as significant differences within them.

The author would like to thank Joseph Battaf, Jozef van Brabant, Elton McGoun, and Aleksander Lukaszewicz for valuable comments on the first draft.

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Christopher T. Saunders

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© 1988 Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies)

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Marer, P. (1988). Comparing the Foreign Economic Strategies of Market and Centrally Planned Economies. In: Saunders, C.T. (eds) Macroeconomic Management and the Enterprise in East and West. The Vienna Institute for Comparative Economic Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08375-6_12

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