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From the Designing of the Future to the Administration of Shortage : The Economic Planning in Czechoslovakia from the Liberation to the Beginning of 1950's

Publication at Faculty of Social Sciences |
2010

Abstract

The period between the year 1945 and the beginning of the 1950's was the constitutive phase of the planned economy in Czechoslovakia. With the planning were connected hopes for an efficient and durable economic growth and increasing standard of living.

However the situation was entirely different by the year 1953: the high investment ratio drowned the production of consumer goods and the real incomes of the population decreased. The previous research mostly associated this development with so called Soviet model of planned economy gradually adopted in Czechoslovakia after 1948.

This study argues that the adoption of the planned economy had begun at least as early as 1946 and its completion early in 1950's was not caused mostly by the Soviet pressions, but mainly by the efforts of the Communist regime to solve economic problems inflicted just by the transition to the planned economy