02490cam a2200421 i 4500001001900000003000500019008004100024010001600065020002200081027001900103035002000122037001100142040001900153043002100172050002400193100004300217245006700260264003700327300002700364336002600391337002600417337002800443338003600471338002700507500003200534500002200566504005400588520107700642530005801719588004701777650002101824651004101845651004101886710002901927710002201956710003101978856005902009rnd000000000047367RAND920212s1984    cau      b   b000 0 eng d  a   84017704  a0833005960 (pbk.)  aRAND/R-3146-AF  a(Sirsi) a188444  c$30.00  aCstmoRcCstmoR  ae-hu---ae-rm---00aHC300.28b.T97 19841 aTyson, Laura D'Andrea,d1947-eauthor.10aEconomic adjustment in Eastern Europe /cLaura D'Andrea Tyson. 1aSanta Monica, CA :bRAND,c1984.  axv, 124 pages ;c23 cm  atextbtxt2rdacontent  acomputerbc2rdamedia  aunmediatedbn2rdamedia  aonline resourcebcr2rdacarrier  avolumebnc2rdacarrier  a"Project Air Force"--Cover.  a"September 1984."  aIncludes bibliographical references (p. 121-124).  aThis report uses case studies of Hungary and Romania to examine how individual East European countries adjusted to the economic shocks of 1973-1975 and 1978-1982 caused by slowdowns in world trade. In the short term, Hungary's growing economic difficulties, though externally caused, will continue, growth rates will be depressed, and consumption levels will stagnate. For the long term, its economic growth will depend on continued economic reform. By contrast, Romania's growth slowdown was mainly due to internal factors--its rigid central planning system and its development strategy of extensive investment. Its future growth prospects will depend more heavily on efficient resource use. Finally, U.S.-Soviet relations will influence adjustment prospects in Hungary and Romania: the worse these relations, the more pressure will be placed on private lenders to reduce their exposure in Eastern Europe, tighter export controls will limit East European access to Western technology, and Soviet tolerance for meaningful economic reform in Eastern Europe will be reduced.  aAlso available on the internet via WWW in PDF format.  aDescription based on print version record. 0aEast-West trade. 0aHungaryxEconomic policyy1968-1989. 0aRomaniaxEconomic policyy1945-1989.2 aProject Air Force (U.S.)2 aRand Corporation.1 aUnited States.bAir Force.41yOnline Accessuhttp://www.rand.org/pubs/reports/R3146/