How Long to Read Cycles and Stagnation in Socialist Economies

How Long Does it Take to Read Cycles and Stagnation in Socialist Economies?

It takes the average reader 3 hours and 24 minutes to read Cycles and Stagnation in Socialist Economies by András Simonovits

Assuming a reading speed of 250 words per minute. Learn more

Description

Throughout Central and Eastern Europe the future of the socialist economic system is being called sharply into question. This book represents an extension and consolidation of the programme of work begun by Janos Kornai in Growth, Shortage and Efficiency and examines the causes of the macroeconomic problems embedded in centrally planned economies which now face their reformers. Andras Simonovits asks three key questions: Why and how did investment activity fluctuate in the sixties? Why did the growth rate decelerate in the seventies? What was the reason for the stagnation of the eighties? The author constructs a series of analytic mathematical models of cycles and slowdown to explore these questions. The first part of the book is devoted to the investment cycles of the East European socialist economies and the negative effect of long comletion times and high net import ratios. Part II models the slowdown and stagnation of the post-1973 period and in particular changes in the efficiency of investment and the terms of trade. The results point to the failure of the socialist economices to adapt quickly enough to falling investment effectiveness and rising debt. Andras Simonovits rigorous and wide-ranging study is an important contribution to the literature on socialist economies and will do much to inform the debate over their transition.

How long is Cycles and Stagnation in Socialist Economies?

Cycles and Stagnation in Socialist Economies by András Simonovits is 198 pages long, and a total of 51,084 words.

This makes it 67% the length of the average book. It also has 62% more words than the average book.

How Long Does it Take to Read Cycles and Stagnation in Socialist Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 39 minutes to read Cycles and Stagnation in Socialist Economies aloud.

What Reading Level is Cycles and Stagnation in Socialist Economies?

Cycles and Stagnation in Socialist Economies is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Cycles and Stagnation in Socialist Economies?

Cycles and Stagnation in Socialist Economies by András Simonovits is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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