Economic Planning: Time to Reconsider?
Together with the collapse of what was once called the socialist system, was also the collapse of research on any other form of economic organisation of a society. Administrative methods for running an economy, with economic planning foremost among them, were inseparably linked to the collapse of the socialist system and, in essence, were held responsible for it. Thus, although the dominant economic paradigm has once again failed to deliver in recent years, the research for other methods fell into oblivion along with the system they were attached to. This work represents an attempt to reconsider the potential of economic planning as a means of organizing an economy at various levels, at various degrees and in various environments. I shall try to illustrate that the blame for the collapse of different socialist systems should not have fallen on the systemic deficiencies of economic planning but, instead, on the political institutions responsible for its application. In addition, I will stress that economic planning has been condemned by non-economic parameters and the application of wrong planning methods. In making this argument I hope to provide an angle through which the discussion of economic organisation can be opened to a broader scope of research.
When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:56:y:2009:i:4:p:527-534. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ivana Horvat)The email address of this maintainer does not seem to be valid anymore. Please ask Ivana Horvat to update the entry or send us the correct email address
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.