Finance & Development, March 1965

Journal Issue

Volume/Issue:: 2/1
Series:: Finance & Development
Author(s):: International Monetary Fund. External Relations Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: March 1965
DOI:: http://dx.doi.org/10.5089/9781616352776.022
ISBN:: 9781616352776
ISSN:: 0145-1707
Page:: 70

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.

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Finance & Development, March 1965