Characteristics of the Middle Phase of Socialist Industrialization

Nikola Čobeljić and Radmila Stojanovlć
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Nikola Čobeljić: Belgrade University
Radmila Stojanovlć: Belgrade University

Chapter Chapter 2 in Economic Development for Eastern Europe, 1968, pp 17-32 from Palgrave Macmillan

Abstract: Abstract By the middle phase of socialist industrialization we understand that phase following the period of initial rapid industrialization through which all underdeveloped socialist countries must pass. It thus begins after a country has built up the basic elements of its own productive capacities, enabling the effects of industrialization to penetrate all sectors of the economy. Four features can serve to define it more precisely.

Keywords: Technical Progress; Socialist Economy; Theoretical Problem; Socialist Country; Middle Phase (search for similar items in EconPapers)
Date: 1968
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08470-8_2

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DOI: 10.1007/978-1-349-08470-8_2

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