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The Soviet Economy, 1917-1991: Its Life and Afterlife

Mark Harrison ()

CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE)

Abstract: In terms of economic development, Russia before and after the Soviet era was just an average economy. If the Soviet era is distinguished, it was not by economic growth or its contribution to human development, but by the use of the economy to build national power over many decades. In this respect, the Soviet economy was a success. It was also a tough and unequal environment in which to be born, live, and grow old. The Soviet focus on building national capabilities did improve opportunities for many citizens. Most important were the education of women and the increased survival of children. The Soviet economy was designed for the age of mass production and mass armies. That age has gone, but the idea of the Soviet economy lives on, fed by nostalgia and nationalism.

Keywords: command economy; communism; economic growth; incentives; power; security; Soviet Union; war economy JEL Classification: H1; N44; P20. (search for similar items in EconPapers)
Date: 2017
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Working Paper: The Soviet Economy, 1917-1991: Its Life and Afterlife (2017) Downloads
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