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Finance & Development, March 1965.
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ISBN: 1463980434 1463960107 1616352779 Year: 1965 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

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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