More about the infamous ÒPLANSÓ
¥Rapid industrial progress in first two 5-year plans
¥(1928-1932) (1933-1937)
¥Favor large factories, economies of scale - ÓgigantomaniaÓ
¥Places strain on transport
¥Leads to regional specialization
¥War disrupts 3rd 5-yr plan (1938-1942), but more emphasis on regional planning versus sectoral planning
¥New stress on regional autarky - to minimize transport burden and threat of military defeat
¥Fourth 5-yr plan (1946-1950) rapid, successful war reconstruction, 60% of industrial plant had been destroyed
¥Issues of war reparations from East Germany, Poland, Manchuria