The Transition from Socialism: An Embedded Socialist Compromise?

Abstract

Despite the assertion in the previous chapter that the divide between the global and the national no longer holds true, this chapter will deal where possible with the domestic context of change, leaving policy towards the global economy and the international context to Chapter 3. It deploys a somewhat blunt tripartite periodisation of the reform period: 1978 to 1984 is characterised as a period of policy reformulation; 1984 to 1994 as abandoning the old system; and the period after 1994 represents the (as yet) incomplete attempt to build a new system of macro economic control based on law and regulation rather than through state planning control.