Although the Soviet Union has the most abundant energy reserves of any country, energy policy has been the single most disruptive factor in its industry since the mid-1970s. This major case study treats the paradox of the energy crisis as an essential part of larger economic problems of the Soviet Union and as a key issue in determining the fate of the Gorbachev reforms.
Originally published in 1989.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
"Crisis amid Plenty is a well-crafted scholarly study. Although the focus is on the petroleum industry, this book offers a valuable window through which to view recent economic change in the Soviet Union. The energy analyst and anyone with a serious interest in Soviet economic decision making will benefit from studying this book."--Russell Mellett, Canadian Business Review
"This book...provides an instructive example of how difficult it is to achieve efficient allocation when the system is driven by political policy. [Crisis amid Plenty] should interest Soviet specialists, in both universities and government, and prove instructive for students of the Soviet economic system, graduate or undergraduate."--Choice
Another Princeton book authored or coauthored by Thane Gustafson: