FUNDING FOR THE SOVIET CONSTRUCTION INDUSTRY IN 1941-1945.: AN EFFECTIVE SYSTEM OR A DEFECTIVE DEVELOPMENT?
In the USSR, in the 1930s, a unique planned economic system was formed, which excluded, among other things, free pricing, cash and capital flows. This system was particularly evident in the construction sector of Soviet economics during the war. Based on the annual reports of Prombank of the USSR, the paper shows main problems of development of industrial construction in 1941-1945. The paper proves impossibility of using the Soviet data on implementation of construction plans, which were calculated in monetary terms. The main factor in implementation of the construction program was development of allocated funds, but amount of construction was reflected in the reporting documents in the ruble equivalent. However, actual amount of completed work often differed sharply from amount of money, which was spent for these aims.