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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)

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)