- May 2017
economic planning regions
The Soviet Union’s economy was one that was planned by leaders in the Party. The Gosplan was the agency that was responsible for the central economic planning in the Soviet Union. It was established in 1921 and did not have a large role at first. However, after the October Revolution and Russian Civil War, a large period of economic collapse occurred and a planned economy was necessary to stimulate the economy, increase productivity, and distribute necessary commodities. The Gosplan’s main task was to create and administer a series of 5-year plans that governed the economy of the USSR. The committee was disbanded in 1991 at the dissolution of the Soviet Union.
Faulhaber, Gerald R., and David J. Farber. "Spectrum management: Property rights, markets, and the commons." Rethinking rights and regulations: institutional responses to new communication technologies (2003): 193-206.