Structural Influences on the Provision of Working Capital

Raymond Hutchings

Chapter 6 in The Structural Origins of Soviet Industrial Expansion, 1984, pp 73-94 from Palgrave Macmillan

Abstract: Abstract Circulating funds (oborotnyye sredstva) or as we may say working capital, is a Marxist economic category which is distinguished from basic funds (osnovnyye fondy) by the fact that the former, unlike the latter, are consumed in a single process of production. In Soviet business practice, however, circulating funds are defined as including also basic funds which are consumed in the course of one year. The category has many sub-divisions, some of which are ‘normed’ — i. e. should be available to an enterprise in definite quantities —while others are not.

Keywords: Bank Credit; Financial Plan; Working Capital; Structural Influence; Budget Surplus (search for similar items in EconPapers)
Date: 1984
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DOI: 10.1007/978-1-349-06882-1_6

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