Impoverished, indebted, and underdeveloped at the close of World War II, Romania underwent dramatic changes as part of its transition to a centrally planned economy. As with the Soviet experience, it pursued a policy of "primitive socialist accumulation" whereby the state appropriated agricultural surplus and restricted workers' consumption in support of industrial growth. Focusing on the daily operations of planning in the ethnically mixed city...
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Business Business & Investing Economics History Political Science Politics & Social Sciences