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Introduces the issue devoted exclusively to an account of the First Joint Soviet Economy Roundtable, sponsored by the Joint Committee on Soviet Studies of the American Council of Learned Societies and the Social Science Research Council and by the Central Economics-Mathematical Institute of the Academy of Sciences of the USSR. The gathering convened on the morning of Monday, December 14, 1987, in Moscow. (SJO)

Outlines the basic components of a new 'model' of economic management in the USSR, e.g., new forms of private and cooperative activity, increased flexibility in production, relationships in state enterprises, election of directors, to be in place by the early 1990s. Also presented is the rationale for the current timetable of the reform. (Abstract amended)

Outlines 3 basic directions, (social orientation, uskoreniye of technological readjustment, and restructuring of management in enterprises). Includes questions and comments by American participants. A rejoinder covering such issues as priorities, price formation, adaptation to change, allocation of resources and comparison with the Hungarian and other models, is followed by a concluding exchange of views on competition. (Abstract amended)

This analysis covers impacts of the Conference held in Moscow from June 28 to July 1, 1988 on Soviet society and abroad, and General Secretary Gorbachev's speech at the Central Committee Plenum. Reviews results of his policies since 1985. Looks at the current transitional period, including the formation of new enterprise forms and horizontal links in the economy. (Abstract amended)