Recent trends in the centrally planned economies

Gains in agriculture between 1964 and 1965 were generally below those registered in the previous interval and this slowed down the rate of economic growth in a number of the centrally planned economies, so that in the aggregate national income (net material product) rose by rather less than 6 per cent in 1965, compared with about 8 per cent between 1963 and 1964. While consumption appears to have risen rather more between 1964 and 1965 than in the previous interval, the rate of increase in fixed investment was generally lower than in 1964.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action