Accession Number : AD0643763

Title :   CENTRAL PLANNING AND ITS LEGACIES,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Neuberger,Egon

Report Date : DEC 1966

Pagination or Media Count : 57

Abstract : An attempt is made to select the key elements of the Soviet-type system and the desirable and undesirable consequences likely to follow from these elements. A discussion is presented to show why the balance is likely to shift over time and make the system produce more undesirable than desirable consequences, forcing the system's directors to consider a change in the system. This discussion serves to bring together in one place the various considerations that are necessary to evaluate the relative merits of the Soviet-type system of central planning during its own lifetime. It also lays the groundwork for a discussion of the probable legacies of the Soviet-type system which will make the process of transition to its successor much more difficult and painful, and which will provide a favorable or unfavorable inheritance to the new system once it is established. Some of the legacies are illustrated from the experience of Yugoslavia, the only country that has completely abandoned the Soviet-type system. (Author)

Descriptors :   (*ECONOMICS, USSR), COMMUNISM, MANAGEMENT PLANNING AND CONTROL, INDUSTRIAL PRODUCTION, LABOR, COMMERCE, COSTS, POLITICAL SCIENCE, DISTRIBUTION(ECONOMICS), YUGOSLAVIA

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE