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Economic planning systems of communist states
Centralized investment and economic input decision-making model under Leninist statesEconomic planning systems of communist states is the specific model of centralized planning employed by communist states, which has its origins in the economy of the Soviet Union, and formally based on democratic centralism. The post-perestroika analysis of the system of the Soviet economic planning describes it as the administrative-command system due to the de facto priority of highly centralized management over planning.
GosplanThe State Planning Committee, commonly known as Gosplan (Russian: Госплан), was the agency responsible for central economic planning in the Soviet Union. Established in 1921 and remaining in existence until the dissolution of the Soviet Union in 1991, Gosplan had as its main task the creation and administration of a series of five-year plans governing the economy of the USSR.*As an Amazon Associate I earn from qualifying purchases.