In This Review

Investment and Reindustrialization in the Soviet Economy
Investment and Reindustrialization in the Soviet Economy
By Boris Z. Rumer
Westview Press, 1985, 145 pp
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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.