The Soviet Economic Growth Record

Robert W. Campbell
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Robert W. Campbell: Indiana University

Chapter 4 in Soviet-Type Economies, 1974, pp 83-115 from Palgrave Macmillan

Abstract: Abstract This chapter will discuss how well the distinctive set of institutions we have described has performed in achieving the various objectives one might postulate for any economic system. In particular, how well has it fulfilled the special goal the Soviet leadership posed for it of “overtaking and surpassing the advanced capitalist nations”? Success on this score might be evaluated in terms of two more specific questions: How fast has the Soviet economy grown, and how big is its output today compared to U.S. output? We might also ask about efficiency and productivity; these are important factors in interpreting past growth, in evaluating performance, and in judging the reserves for future growth.

Keywords: Economic Performance; Total Output; Capital Stock; Strip Minis; Dollar Price (search for similar items in EconPapers)
Date: 1974
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DOI: 10.1007/978-1-349-15532-3_4

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