Planning in the Internet Age
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The document discusses trends in GDP per capita in the USSR compared to other parts of the world from 1950 to recent times. It shows that Soviet GDP per capita rose relative to Western nations from 1950 to 1986, but then collapsed after economic reforms in the 1990s to the level of other developing nations. Under Putin, GDP per capita recovered somewhat but this relative growth has now plateaued.
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Planning in the Internet Age
- 1. Alan Freeman, Moscow 12 May 2019
- 3. 0% 20% 40% 60% 80% 100% 1950 1954 1958 1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 2014 GDP per capita of the USSR and the South (Purchasing Power Parity, relative to that of the North) USSR South • By 1982 Soviet GDP per capita in PPP terms was 80% of the North and four times the rest of the global South • It rose, relative to the North from 1950 to 1986 while the rest of the South fell • After shock therapy it collapsed to the level of the South • Under Putin it recovered somewhat, but this (relative) recovery has now peaked
- 7. Between 1983 and 2000, 700 thousand people were added to London’s population. This is more than live in Bristol, Britain’s fifth largest city Housing stock stayed static, there was no new transport, very few schools and hardly any hospitals. Thatcher maintained that the ‘market’ would take care of it Source: Planning for London’s Growth
- 8. The market didn’t take care of it. The red line shows how many were traveling The blue line shows how much was invested Source: ‘Planning for London’s Growth’, the GLA’s first economic development plan
- 10. The strange non-disappearance of labour 30% 40% 50% 60% 70% 80% 90% 1948 1952 1956 1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 UK US Japan Germany USA UK Japan Germany Share of employment 1948-2007 0% 5% 10% 15% 20% 25% 30% 1946 1950 1954 1958 1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 Retail+Wholesale Information Financial Activities Leisure and Hospitality Government Health and Education Business services GovernmentRetail and Wholesale Business Services Health and Education Leisure and Hospitality Financial Activities Information Share of employment in US services
- 12. 15% 20% 25% 30% 35% 40% 45% 50% 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 Investment as a proportion of GDP China Europe Japan Other Industrialised South USA Source: UNStats and World Bank: author calculations Note 1: former USSR/Russia not shown in this chart Note 2: ‘other industrialised’ = UK, Canada, Oceana