Critically evaluate the approaches, main obstacles and issues of economic reforms of the Soviet Union (Russia) and China, and assess the role of government in assuring the smooth transition from a planned economy to a market economy. Draw on at least two economists’ studies and evaluate their arguments and findings

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The economic reforms of the Soviet Union Russia and China were monumental events in the history of the two countries The transition from planned economies to market economies was a complex process and ... View the full answer