ID | 135928 |
Title Proper | Soviet economy |
Other Title Information | truth and myth |
Language | ENG |
Author | Sokolov, Boris V |
Summary / Abstract (Note) | The author proves that the Soviet economy in the middle of 80s was overestimated as many as 4 times by the Soviet official statistics due to pripiski—deliberately overstated data on the produced goods and services and maximally overestimating the cost of production by using both the most costly raw materials and equipment and an increased number of intermediate operations, each of which is produced in a separate enterprise. All such things cause a dramatic increase in the gross cost of production at the expense of double accounting, but without any increase in the physical volume of output or the improvement of its consumer qualities. Such double accounting is called as ‘imaginary value’. The author estimates the real Soviet GNP as only one sixth of the American one in the middle of 80s. And the Soviet Military expenditures constituted about 42 percent of GNP. ‘Imaginary value’ was a very important means of distribution and re-distribution of goods in the Soviet planned economy.
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`In' analytical Note | Journal of Slavic Military Studies Vol.27, No.4; Oct-Dec.2014: p.653-660 |
Journal Source | Journal of Slavic Military Studies Vol: 27 No 4 |
Standard Number | United States – US |