Financing the transition: The Shatalin plan and the Soviet economy (Public policy paper)

In August 1990, a team of Soviet economists and representatives of all but one of the union republics drafted a programme, known as the Shatalin Plan, to convert the USSR to a market economy. This book examines the plan and its feasibility, whether it meets the requirements for increased foreign aid and the cost of such an exercise. This paper addresses crucial questions about the plan, analyzing its salient points and evaluating its possible effects.