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Planning a mature economy in the USSR
Authors:R W Davies
Institution:(1) University of Birmingham, UK
Abstract:Conclusion Few of the techniques of planning we have now been considering were available to the Soviet economist during the period of intensive industrialisation; those which were available were worked out only in elementary form. In any case, the gap between the goals of the politicians and the assumptions of the economists was so great that little dialogue was possible. The politicians, and the politically-minded economists, undertook the elaboration of their own system of planning and their own ruleof-thumb methods of quantifying their goals to make them operational. In doing this, they acquired a rich fund of valuable experience about the problems of development through central planning; the lessons from this experience, both successful and unsuccessful, could save resources in other economies where central planning is being used for development. Unfortunately, it is information about formal mechanisms for planning and financial control which has until now tended to be communicated from the Eastern bloc to the developing countries, rather than a realistic account of problems and achievements. For the developing countries, the further question exists: now that the new techniques for planning are available, can they be coupled with planning for a high rate of growth in conditions of rapid social change? If so, some of the successes of Soviet-type central planning may be achieved at less cost.For previous articles in this series, see Economics of Planning, Vol. 5, 1965, No. 1–2, pp. 74–86, Vol. 6, 1966, No. 1, pp. 53–67.
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