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.
soviet_impac (Download the full text in PDF format)
(First published in Russian History, 2002.)