The Soviet post-Stalin period is examined in its economic, political, and foreign policy dimensions, stressing the factors that provided the gestation environment for Gorbachev's reforms. There follows an analysis of the nature, sources, and plausible outcomes of Gorbachev's "revolution" and the strategies he is applying to it. A separate part of the book examines the changing goals of past U.S. policies toward the Soviet Union and their effectiveness in influencing Soviet behavior. The final part puts forth suggestions and prescriptions for a U.S.approach to the changes in Soviet economic, security, and foreign policies. The East-West Forum is a New York-based research and policy analysis organization sponsored by the Samuel Bronfman Foundation. Its goal is to bring together experts and policy leaders from differing perspectives and generations to discuss changing patterns of East-West relations. It attempts to formulate long-term analyses and recommendations. In preparing the chapters of this book, the authors drew upon the work of a series of workshops initiated by the Forum.

Gorbachev's reforms brought high hopes in the West and empty shelves in the East. Why Perestroika Failed argues that successful reform is only possible on the basis of a sound understanding of market and political processes. Using an Austrian market process approach to analyse the economics of the Soviet system, and a public choice one to sound understanding of market and political address the political dimension, Boettke argues that Gorbachev's reforms were always destined to fail. In part perestroika failed because it was never really implemented. But nonetheless, even if all the major proposals and decrees had been scrupulously adhered to, they would not have produced the structural changes necessary to revive the former Soviet economy. Knowing why perestroika failed is crucially important as the former Soviet republics and East and Central Europe try and chart a new course.

An investigation of the process of economic reform in the Soviet Union from 1985 to 1988. The primary concern is to describe the shape that reform has assumed and to evaluate reform strategy. The approach is to proceed from non-systemic changes to reforms going outside the present system of allocation and ownership. Familiarity with Soviet politics and economics is assumed. Acidic paper. Annotation copyrighted by Book News, Inc., Portland, OR