1945

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.

Related Subject(s): Economic and Social Development
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