The Soviet economic crisis: Steps to avert collapse

This report was drafted by members of IIASA’s Economic Reform and Integration Project in cooperation with Eugeny Yasin, department chief of the USSR State Commission on Economic Reform and Petr Aven, a Soviet economist and IIASA Scholar. By mid-December this report, which takes account of developments through Fall 1990, was in the hands of Soviet leaders. Regardless of its impact on Soviet policy, it deserves study by anyone interested in expert views on the transition from central planning to a market econony-a process now underway in many countries and of importance to us all.