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Sources
Book
Socialist Planning (3rd edition)
Michael Ellman · Cambridge University Press · 2014
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BibTeX
Type
Book
Author
Michael Ellman
Identifier
DOI 10.1017/CBO9781139871341
Accessed
2026-09-01
Claims citing this source
2 claims
■
Established
No country that ran comprehensive Soviet-type central planning kept it after 1991; China, Vietnam and Laos replaced administrative allocation with market coordination while keeping one-party rule.
■
Established
Research in Stalin's archives shows that Soviet planners and the dictator faced severe information and principal-agent problems, and that resource allocation was shaped by bargaining and political priorities rather than by a coherent optimal plan.
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