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Globalization and Economic Integration

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Globalization and Economic Integration
Girne American University
History of Economics
(Importance) Economic Planning History, Focusing some countries

10.01.2013
Globalisation and Economic Integration
Umut KEKLİK

Lecturer: Ercan GÜNDOĞAN

SHORT CONTENTS

Prologue_______________________________________________2

Definition and History of Economics_______________________5

Quick Skip Economic Planning History_____________________8

History of Some Proactive Countries Economic Planning______10

Germany______________________________________________10

United Kingdom________________________________________12

United States___________________________________________26

Soviet Union___________________________________________27

Conclusion_____________________________________________35

References_____________________________________________36

Prologue

In this research i try to analyze Economic History and briefly Economic planning history of the worlds important (in word) countries..
In the economic planning research we must know the way to do it.
Refers to any directing or planning of economic activity outside the mechanisms of the market. Planning is an economic mechanism for resource allocation and decision-making held in contrast with the market mechanism. Most economies are mixed economies, incorporating elements of market mechanisms and planning for distributing inputs and outputs. The level of centralization of decision-making ultimately depends on the type of planning mechanism employed; as such planning may be based on either centralized or decentralized decision-making.

Economic planning can apply to production, investment, distribution or all three of these functions. Planning may take the form of directive planning or indicative planning. An economy primarily based on central planning is a planned economy; in a planned economy the allocation of resources is determined by a comprehensive plan of production which specifies output requirements.

Objectives



References: 2. Tragedy and Hope: A History of the World in Our Time, Carroll Quigley, Collier-Macmillan, 1966, pgs. 735 – 741 3 4. Boratav, K. (1982a), Sosyalist Planlamada Gelişmeler, Ankara: Savaş Yayınları 5 6. Eckes,Jr. Alfred E. "Opening America 's Market-U.S. Foreign Trade Policy Since (1995) University of North Carolina Press 7 8. Tragedy and Hope: A History of the World in Our Time, Carroll Quigley, Collier-Macmillan, 1966 9 10. he Roosevelt Myth, John T. Flynn, Fox and Wilkes, 1948, Book 3, Ch. 7, The Happiest Years of Their Lives 11 14.  the IMF (1991). A Study of the Soviet economy. 1. International Monetary Fund (IMF) 15 16. Churchwood, L. G. (1987). Soviet Socialism: Social and Political Essays. London: Routledge.  17 18. Reinsh, Anthony E., Igor Lavrovsky and Jennifer I Considine (1992) Oil in the Former Soviet Union: Historical Perspective Long-term outlook, Canadian Energy Research Institute, Alberta Canada. 23. Bergson, Abram. 1988. Gorbachev on Soviet Growth Rate. Radio Free Europe, Radio Liberty, March 25.

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