Abstract
By the middle phase of socialist industrialization we understand that phase following the period of initial rapid industrialization through which all underdeveloped socialist countries must pass. It thus begins after a country has built up the basic elements of its own productive capacities, enabling the effects of industrialization to penetrate all sectors of the economy. Four features can serve to define it more precisely.
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Notes
B. Mine, ‘The Investment Coefficient during Economic Growth’, Ekonomista, no. 3, 1963, esp. pp. 501–502.
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© 1968 International Economic Association
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Čobeljić, N., Stojanovlć, R. (1968). Characteristics of the Middle Phase of Socialist Industrialization. In: Kaser, M. (eds) Economic Development for Eastern Europe. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08470-8_2
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DOI: https://doi.org/10.1007/978-1-349-08470-8_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-08472-2
Online ISBN: 978-1-349-08470-8
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