Soviet National Income 1958-1964: National Accounts of the USSR in the Seven Year Plan Period.

by Abraham S. Becker

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Examination of the pattern of Soviet national income and output during the years 1958-1964, based on Abram Bergson's Soviet National Income and Product system, and investigation of the policy implications of the Seven Year Plan (SYP), 1959-1965. A set of national accounts for each year is presented and analyzed, and the SYP's targets for 1965 are translated into national income and product flows. The retardation suffered during the SYP period was to some extent built into the SYP, but appears to have been greater than expected. Important SYP goals were not met, e.g., sharp reallocation of resources in favor of nonconsumption, growth of national income and agricultural output. The SYP and actual events of the period reflect Khrushchev's general economic policy, such as maintenance of a high rate of investment, and both Khrushchev and his policy were transitional in Soviet affairs. 608 pp. Bibliog. (Also published by University of California Press, 1969, $19.75. Available only from booksellers or the publisher.) (CC)

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