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![]() ![]() Romania Administration and Control https://photius.com/countries/romania/economy/romania_economy_administration_and_c~1211.html Sources: The Library of Congress Country Studies; CIA World Factbook
The Romanian economic model retained all the salient features of Stalinism, including state ownership of the means of production; communist party control of economic policy making and administration through interlocking party and state bureaucracies; democratic centralism, including concentration of decision-making power in the highest party executive organs and particularly in the person of the general secretary; annual and five-year economic planning; nonreliance on the counsel of technical and managerial experts in setting economic goals; forced deliveries of economic output to the state; pricing based on political and ideological considerations rather than market forces; reliance on mobilization campaigns in lieu of material incentives for workers; inflexibility and resistance to reform. Data as of July 1989
NOTE: The information regarding Romania on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Romania Administration and Control information contained here. All suggestions for corrections of any errors about Romania Administration and Control should be addressed to the Library of Congress and the CIA. |
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