Soviet Steel: The Challenge Of Industrial Modernization In The U.S.S.R
By Boris Z. Rumer
Cornell University Press, 1989, 251 pp.
On the eve of perestroika the Soviet steel industry suffered from a set of troubles that made for more inefficiency and inflexibility, and gave many people "a vested interest in ignorance" about its true condition. This valuable study-thoroughgoing, concrete and quite detailed-throws light on a wide range of issues and shows the key importance of a debate about investment in expansion vs. modernization. Dr. Rumer of Harvard was formerly an economist for the Soviet construction industry. He believes that basic improvement depends on a change in the economic system, not better management.