Centrally planned economies (CPEs) account for about a third of the world's population and about a fourth of its output. In view of their importance in the world economy, they need to be included in international comparitive studies. Their inclusion, however, presents problems for several reasons. First, CPEs report net material product, not gross national product (GNP). Also, their prices are set and exchange rates are set administratively, so that...
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INFORMATION
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1985/12/31
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Publication
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11182
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1
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1
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2010/07/01
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Dollar GNPs of the USSR and Eastern Europe
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centrally planned economy