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World Economic Report 1950–1951

image of World Economic Report 1950–1951

World Economic Report 1951-52 highlights the major domestic economic changes in economically developed private enterprise economies, centrally planned economies and selected countries of Latin America and the Far East. The Report also studies the changes in international trade and payments in several major economic powers. From 1950 to 1952, these took place in a context of continuing international disequilibrium.

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Centrally planned economies

This chapter consists of two parts, the first dealing with the centrally planned economies of Bulgaria, Czechoslovakia, eastern Germany, Hungary, Poland, Romania, the Union of Soviet Socialist Republics and Yugoslavia, in eastern Europe; and the second dealing with centrally planned China. The first section of the part on eastern Europe discusses major current economic trends, while the second reviews economic plans and thus is concerned mainly with longer-run developments. The part dealing with the area under the administration of the Central People’s Government of the People’s Republic of China is also divided into two sections, of which the first summarizes major economic policies, and the second economic trends in 1950 and 1951.

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