This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. The book:
* Describes the centralized model and compares its requirements with the realities of socialist countries
* Discusses the economic policies of the post-Stalinist period
* Examines the origin of the reforms which began in 1956, culminating in the Soviet economic reform of 1965 and the rehabilitation of profit.
Countries covered include the former USSR, the former East Germany and Hungary.