Five-Year Plan

Five-Year Plans or Piatiletkas (?????????) were a series of nation-wide centralized exercises in rapid economic development in the Soviet Union. The plans were created by the Gosplan based on the general guidelines of the Communist Party for economic development. Fulfilling the plan became the watchword of Soviet bureaucracy. (See Overview of the Soviet economic planning process)

Related Topics:
Development - Soviet Union - Gosplan - Communist Party - Bureaucracy - Overview of the Soviet economic planning process

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The same method of planning was also adopted by most other communist states. In addition, several capitalist countries have emulated the concept of central planning, though in the context of a market economy, by setting integrated economic goals for a finite period of time. Thus we may find "Seven-year Plans" and "Twelve-Year Plans".

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