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The Industrialisation of Soviet Russia Volume 4: Crisis and Progress in the Soviet Economy, 1931-1933 (Hardcover)
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The Industrialisation of Soviet Russia Volume 4: Crisis and Progress in the Soviet Economy, 1931-1933 (Hardcover)
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The profound economic crisis of 1931-33 undermined the process of
industrialisation and the stability of the regime. In spite of
feverish efforts to achieve the over ambitious first five-year
plan, the great industrial projects lagged far behind schedule.
These were years of inflation, economic disorder and of terrible
famine in 1933. In response to the crisis, policies and systems
changed significantly. Greater realism prevailed: more moderate
plans, reduced investment, strict monetary controls, and more
emphasis on economic incentives and the role of the market. The
reforms failed to prevent the terrible famine of 1933, in which
millions of peasants died. But the last months of 1933 saw the
first signs of an industrial boom, the outcome of the huge
investments of previous years. Using the previously secret archives
of the Politburo and the Council of People's Commissars, the author
shows how during these formative years the economic system acquired
the shape which it retained until the collapse of the Soviet Union
in 1991. Reviews of previous volumes:; The Soviet Economy in
Turmoil will be read avidly by all specialists on the Soviet
economy; it should also be consulted by anyone
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