Five-year Plans
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Five-year Plans
Five-year plan may refer to: Nation plans * Five-year plans of the Soviet Union, a series of nationwide centralized economic plans in the Soviet Union * Five-Year Plans of Argentina, under Peron (1946–1955) * Five-Year Plans of Bhutan, a series of national economic development plans created by the government of Bhutan since 1961 * Five-year plans of China (PRC), a series of social and economic development initiatives * Five-Year Plans of Ethiopia * Five-Year Plans of India, which existed from 1947 to 2017 * Five-Year Plans of Nepal * Five-Year Plans of Pakistan, centralized economic plans and targets as part of economic development initiatives * Five-Year Plans of Romania, economic development projects in Communist Romania, largely inspired by the Soviet model * Five-Year Plans of South Korea, an economic development project of South Korea * Five-Year Plans of Vietnam, a series of economic development initiatives * Five-year plan of Yugoslavia, which existed from 1946 to 1951 * F ...
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Five-year Plans Of The Soviet Union
The five-year plans for the development of the national economy of the Union of Soviet Socialist Republics (USSR) (, ''pyatiletniye plany razvitiya narodnogo khozyaystva SSSR'') consisted of a series of nationwide Centralized planning, centralized economic planning, economic plans in the Soviet Union, beginning in the late 1920s. The Soviet state planning committee Gosplan developed these plans based on the theory of the productive forces that formed part of the Ideology of the Communist Party of the Soviet Union, ideology of the Communist Party of the Soviet Union, Communist Party for Economic development, development of the economy of the Soviet Union, Soviet economy. Fulfilling the Economy of the Soviet Union#Planning, current plan became the watchword of Soviet Bureaucracy, Soviet bureaucracy. Several Soviet five-year plans did not take up the full period of time assigned to them: some were pronounced successfully completed earlier than expected, some took much longer than ex ...
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Five-Year Plans Of Vietnam
The Five-Year Plans of Vietnam are a series of economic development initiatives. The Vietnamese economy is shaped primarily by the Vietnamese Communist Party through the plenary sessions of the Central Committee and national congresses. The party plays a leading role in establishing the foundations and principles of communism, mapping strategies for economic development, setting growth targets, and launching reforms. Planning is a key characteristic of centralized, planned economy, and one plan established for the entire country normally contains detailed economic development guidelines for all its regions. According to Vietnamese economist Vo Nhan Tri, Vietnam's post-reunification economy was in a "period of transition to socialism". The process was described as consisting of three phases. The first phase, from 1976 through 1980, incorporated the Second Five-Year Plan (1976–80)--the First Five-Year Plan (1960–65) applied to North Vietnam only. The second phase, called "soci ...
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Economic Planning
Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the Market (economics), market mechanism. As an allocation mechanism for socialism, economic planning replaces factor markets with a procedure for direct allocations of resources within an interconnected group of Social ownership, socially owned organizations which together comprise the productive apparatus of the economy. There are various forms of economic planning that vary based on their specific procedures and approach. The level of centralization or decentralization in decision-making depends on the specific type of planning mechanism employed. In addition, one can distinguish between centralized planning and decentralized planning. An economy primarily based on planning is referred to ...
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Economic Development
In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure; since the 1960s, it has increasingly focused on poverty reduction. Whereas economic development is a Public policy, policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development". Definition and terminolo ...
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Five Years Plan To Governing Aborigines
Five-year plan for governing aborigines, or the Five Year Plan to Subdue the Savages, was a program aimed to use military force to suppress the aborigine populations in Taiwan during the early years of the Japanese rule. It was enacted by the fifth Taiwanese governor general, Sakuma Samata from 1910 to 1915. In the year of 1906, General of the imperial Japanese army Sakuma Samata became the fifth governor general of Taiwan. In 1909, Sakuma created the Bureau of Aboriginal Affairs as a part of the Civil Administration Bureau and established local aboriginal offices in different regions among Taiwan and assigned aboriginal duties to local administrators, as a result of preparation on further soon to be enacted aboriginal governance program. He then drafted the ‘Five-year plan of aboriginal governance’ in 1910 with a budget of 16.3 million Yuan, aimed to make all the aborigines who were living in the mountain regions pledge their allegiance to the Japanese ruling force with ...
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First Malayan Five-Year Plan
The First Malayan Five-Year Plan (1956 – 1960) was the first economic development plan launched by the Malayan government just before independence in 1957. The colonial British government had concentrated available resources on fighting the Malayan communist insurgency instead of developing the rural areas of Malaya. The Five Year Plan allocated substantial resources to agricultural and rural improvement, and was administrated by the Prime Minister's department. A total of 24% of all public expenditure alone was allocated by the Plan to develop agriculture in Malaya, and substantial sums were also made available for infrastructure development. Henderson, John William, Vreeland, Nena, Dana, Glenn B., Hurwitz, Geoffrey B., Just, Peter, Moeller, Philip W. & Shinn, R.S. (1977). ''Area Handbook for Malaysia'', p. 293. American University, Washington D.C., Foreign Area Studies. . Notes and references Economic history of Malaysia Five-year plans of Malaysia {{Malaysia-stu ...
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Five-year Plan Of Yugoslavia
The Socialist Federal Republic of Yugoslavia (SFRY)'s economy was a developing planned economy largely in Southeast Europe from 1946 to 1992. It was hybrid socialist economic system that operated from the end of World War II until the country's dissolution in the early 1990s. The economy was characterized by a combination of market mechanisms and state planning, with a focus on worker self-management and decentralized decision-making. The Yugoslav economy achieved significant growth and modernization during its early existence with a particularly strong emphasis on education, health care, and social welfare. Later political and economic instability in the region during the 1980s, led to the eventual collapse and dissolution of Yugoslavia by 1992. The largest economies of Yugoslavia were former Northern republics, namely Croatia, Serbia, and Slovenia; former Southern republics, Montenegro, North Macedonia, Kosovo, as well as Bosnia and Herzegovina underwent nation-building. All ...
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Five-Year Plans Of South Korea
The Five-Year Economic and Social Development Plans () were a series of economic development projects in South Korea. Background Both North and South Korea had survived the Korean War (1950–53). From the end of World War II, South Korea remained largely dependent on U.S. aid until a military coup occurred in 1961. American economic aid failed in its goal of creating an industrial base in South Korea largely thanks to corruption. While the South Koreans did not starve and were able to keep up with national defense, most of the aid was misappropriated for private use. This created a small class of wealthy Koreans at the expense of the majority of the country, generating resentment. Despite this widespread corruption however, the Syngman Rhee administration had managed to use some U.S. aid to develop the country's education system, transportation infrastructure, and communications infrastructure. The Syngman Rhee government submitted a draft of a long-term economic development plan ...
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Five-Year Plans Of Argentina
The Five-Year Plan was Argentina's strategy for economic planning during President Juan Domingo Perón's first term. First Five Year Plan (1947–1951) In mid-1946, the Technical Secretariat of the Presidency started drafting a five-year government plan for 1947–1951. The Five Year Plan was first announced as a bill to be sent to the Congress, in the presidential message of October 19, 1946. The Article 1º consisted of the "Achievements and Investment Plan" and developed a number of other bills). The plan aimed to streamline all export and import regulations, including product classification, packaging, and quality standards, and to create a customs procedure that fit the needs of the time. It decentralized and diversified industry, forming new productive areas, and placing them properly in terms of natural energy sources, means of communication, transportation and consumer markets. The plan aimed to secure raw materials, fuel, and equipment over five years while expanding A ...
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Five-Year Plans Of Romania
The Five-Year Plans of Romania (''Cincinal'' in Romanian, plural ''Cincinale'') were economic development projects in Communist Romania, largely inspired by the Soviet model. Starting from 1951, there were 8 five-year plans. Origins In 1948, the Communists had fully taken over the power in Romania and started to nationalize property and means of production. They began economic development and industrialization by adopting the Soviet concept of five-year plans that set a number of goals to fulfill by the end of the terms. The first five-year plan started out in 1951. Five-Year Plans 1951–1955 The first five-year plan took place between the years 1951 and 1955. Some of the 5 year plans are recorded on the countries postal stamp issues. They included: * The move to save and or stabilise the forests that had trees older than 200 years. * The reorganisation of farming and its efficiency. * Industrialisation. The five-year plan was adopted by the Great National Assembly on Decemb ...
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