Markets Within Planning: Socialist Economic Management in the Third World

EVK FitzGerald, Marc Wuyts

Research output: Book/Report/Inaugural speech/Farewell speechBookAcademic


This is a collection of papers which explore the implications of the shift towards a greater reliance on markets in socialist developing countries. There are two papers on theory (a Kalecki-Kornai model of over-accumulation) and history (the NEP) but the rest are country case-studies of China, Vietnam, Mozambique, Zimbabwe and Nicaragua. The four themes covered are planning, finance, peasant trade and labour markets. The general conclusion to emerge is that neither state-led forced industrialization nor free markets are an appropriate development policy, but rather that an adequate articulation of different forms of production, and accumulation within different property sectors, are needed.
Original languageUndefined/Unknown
Place of PublicationLondon
Number of pages217
Publication statusPublished - 1988

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