Beyond catastroika: prospects for market transition in the Commonwealth of Independent States. (catastroika-complete economic collapse) From: Atlantic Economic Journal | Date: March 1, 1992| Author: Rosefielde, Steven | COPYRIGHT 1992 Atlantic Economic Society. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

"There are two ways to get out of the economic crisis, a real one and a fantastic one. The real one is that extra-terrestrials will come down and help us. The fantastic one is that we'll do it on our own. Soviet wag quoted in Francis Clines, 'Gorbachev, Once Marked for Magic, Is Transformed in His People's Eyes," New York Times, April 21, 1991, p. 6.

The Soviet Union and its successor, the Commonwealth of Euro-Asian Independent States have been groping toward a free mark...