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Europe > Ireland

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  • Type: Journal Issue x
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Cover Finance & Development
Finance & Development, March 1965
International Monetary Fund. External Relations Dept.
This paper examines the importance of national planning for economic development of a country. The paper highlights that when World War II began, Soviet Russia was the only country engaged in systematic development planning, and then only since 1929, when its First Five-Year Plan was approved. At the end of the War, Asian countries that either had, or were about to, become independent, embraced planning to a much greater extent than countries in any other region.
Keywords:
FD; F&D; country; IDA lending; cost; government; independence vis-à-vis; transport economist; poor land; flight of capital; development credit; Capital outflows; Development strategy; Currencies; Capital flows; Europe; Western Europe; Caribbean; Africa; Middle East; Central Asia