Fourth International Publications

The International’s English-language periodicals: World Outlook, Inprecor and their companions, 1958–1994

Economic Crisis in Czechoslovakia

World Outlook Vol. 2, No. 14, 3 April 1964 · p 27 · 168 words

Eastern Europe World economy

ECONOMIC CRISIS IN CZECHOSLOVAKIA

At the January meeting of the Central Committee of the Czecho= slovak Communist party, the main question was the catastrophic results in the industrial field in 1963, In fact, the reporter, Drahomin Kolder, secretary of the Central Committee, had to admit see Rude Pravo. January 23] that industrial production decreased 0.7% in relation to the figures for 1962; labor productivity stood at 1.5% below the 1962 level; while in the building industry, labor productivity actually decreased 9.5%. The 1963 plan had to be dras~ tically revised after the first. quarter,

ea, plan for (1964 forecasts only a moderate increase in output of 3} 6%.

Although Kolder didn't say so, it appears that the seven-year plan for 1964-70 has been abandoned, The bureaucracy will try to bring.out a new five-year plan for 1966-70, if everything works out as hoped for 1964 and 1965, .

Significantly, the resolution passed by the January plenum meet~ ing says nothing about an increase in the standard of living, It

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