Soviet Impact on Economic Development in Non-Socialist Countries 1947-1991 Nirmal Kumar Chandra

This paper argues that most post-war economic miracles in the capitalist world leaned heavily on the Gosplan practice, notwithstanding the anti-Communist rhetoric of the country leaders. India’s plan strategy (1950-80) for a mixed economy was also inspired by the USSR. In each case, state policies deviated markedly from the neoliberal dogma enshrined in the ‘stabilisation and structural adjustment’ programme imposed upon the debt-trapped developing countries by the IMF and the World Bank.

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(First published in Russian History, 2002.)