Word: noves
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Dates: during 1959-1959
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Hardly had Nikita Khrushchev's bluster about Russia's strength died in Washington than a sobersided report showed that the Soviet economy lags much farther behind the U.S.'s than any Russian politico cares to admit. The report, written by top British Economist Alec Nove, 42, and published this week by the nongovernmental National Planning Association, puts forth new evidence that the U.S.S.R. has no chance to match the economic level of the U.S. in the foreseeable future. Economist Nove flatly rejects Khrushchev's boast that the Soviets have boosted their industrial output to more than...
...since World War II-is that the Soviets have neglected the consumer needs of their citizens. But now a major change is on the way, and the growth rate is on the wane. Going out is crude coercion of the worker; coming in is personal incentive. This shift, says Nove, requires a major diversion of Soviet resources to the nongrowth sectors that the Kremlin ignored for so long...
These advances have come at the expense of fast growth. For the next seven years Nove sees annual rises of 4% in Soviet agriculture, 6% in national income, 7% to 8% in industrial production. Though still impressive, these totals are nowhere near enough to equal the U.S. in gross national product...
...Soviets' methods and machines were pirated straight from the West, and they sparked the spurt; now they are aging, and the rate of growth is bound to go down. Furthermore, in the days of breakneck drive for growth in the '20s and '30s, writes Nove, "Iron ore or coal mines were 'creamed,' the best and most easily accessible mineral being taken as quickly as possible. The virgin lands campaign was launched with little consideration for the long-term problem of soil conservation. [There was] ruthless cutting of trees in the most accessible areas...