In This Review In This Review
Investment and Reindustrialization in the Soviet Economy
By Boris Z. Rumer
Westview Press, 1985, 145 pp.
A technical study of investment policy that illuminates many of the trends toward slowdown and stagnation in the Soviet economy. On two crucial points-the priority given to replacement rather than expansion, and the growing geographical polarization between raw material and energy sources in Siberia and manufacturing concentrated in the western regions-this study presents convincing evidence of serious structural problems.
Source URL: https://www.foreignaffairs.com/reviews/capsule-review/1985-09-01/investment-and-reindustrialization-soviet-economy