Date
Timeline Description

The Bank releases a ten-page report answering three questions regarding the growth of the Soviet economy.

Detail Description

While the Soviet Union sent delegates to the 1944 Bretton Woods conference, it ultimately decided not to join the World Bank or IMF. The Bank, however, was mindful of the Soviet Union's development and its potential impact on the world's economy. In 1959, the Bank releases a ten-page report on the economic situation in the Soviet Union. The report is intended to be used as a starting point for a more thorough and detailed investigation into Soviet economic growth. The report looks at the industrial growth of the Soviet Union based on both Soviet and Western estimates.  The report also focuses on the growth of the Soviet national income, the standard of living, and resource allocations and patterns of investment.

Image Timeline
Chairman of the Soviet delegation to the Bretton Woods conference, M. S. Stepanov (left, 1806802; Credit: U.S. Office of War Information in the National Archives).
Image Timeline Caption

Chairman of the Soviet delegation to the Bretton Woods conference, M. S. Stepanov (left, 1806802; Credit: U.S. Office of War Information in the National Archives).

Resource
Title
Some Aspects of Soviet Economic Growth
Image
Some Aspects of Soviet Economic Growth
Description
Document date: Aug. 1, 1958
The report contains a brief summary of literature on Soviet economic growth.
Event
95
Image
M. S. Stepanov (left), chairman of the Soviet delegation to the Bretton Woods conference
Title
M. S. Stepanov (left), chairman of the Soviet delegation to the Bretton Woods conference
Description
July 1944
While the Soviet Union sent a delegation to the Bretton Woods conference, the country elected not to join (1806802; Credit: U.S. Office of War Information in the National Archives).
Event
95
Description

1967
Bank staff member Clarke Kinney discusses Russia's decision to not become a member of the World Bank (369i).

Image
Information Conference
Title
Information Conference
Audio File
Event
95
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