Abstract
The course of reform was brusquely interrupted by a series of calamities. The decline in industrial production by over 11 per cent in July 1932 was far greater than the normal seasonal reduction; production was only 3.4 per cent greater than in July 1931. In August, the production of capital goods declined by over 3 per cent;1 according to TsUNKhU, this was ‘the first occasion on which a decline has occurred in August as compared with July in the whole period from 1924 to 1932’.2
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© 1996 R. W. Davies
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Davies, R.W. (1996). Crisis and Repression, July–December 1932. In: Crisis and Progress in the Soviet Economy, 1931–1933. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05935-5_10
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DOI: https://doi.org/10.1007/978-1-349-05935-5_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-05937-9
Online ISBN: 978-1-349-05935-5
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