Lubbers Plan: Soviet energy as a standpoint for improving economic reforms in the USSR. (Special Issue on European Energy Markets, Part 4: Central and Eastern Europe)

SOVIET ENERGY IN "LUBBERS PLAN": THE AIM OR THE MEANS?

The "Lubbers Plan" is not simply a programme of modernization of Soviet energy industries on the basis of international cooperation. It is a programme of stabilization for the entire Soviet economy, i.e. it is a macroeconomic programme. The starting point of its realisation is international cooperation in the energy sphere, but other sectors of the economy will also be involved.

The programme has a compensational character which would guarantee not only sufficient rates of profit on capital invested in the Soviet economy, but also the practical possibility to transfer this profit abroad. In addition, the Soviet side ...

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