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APPROVED FOR RELEASE: 2007/02/49: CIA-RDP82-00850R440500040017-4 FOR OFFICIAL USE ONLY - JPRS L/ 10371 4 March 1982 USSR Re ort p ECONOMIC AFFAIRS (FOUO 2/82) . FBIS FOREIGN BROADCAST INFORMpTION SERVICE FOR OFFICIAL USE ONLY APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00850R000500040017-4 APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00854R004500040017-4 NOTE JPRS publications contain information primarily frc~m forei4*! newspapers, periodicals and books, but also from :iews ~gency transmissions and broadcasts. Materials from fc,reign-language sources are translated; those from English-language sources are transcribed or reprinted, with the original phrasing and other characteristics retained. Headlines, editorial reports, and material enclosed in brackets are supplied by JPRS. Processing indicators such as [Text] or [ExcerptJ in the first line of each item, or following the last line of a br~.ef, indicate how the original information was processed. Where no processing indicator is given, the infor- mation was summarized or extracted. _ Unfamiliar names rendered phonetically or transliterated are enclosed in parentheses. Words or names preceded by a~,ues- tion mark and enclosed in parentheses were not clear in the original but have been supplied as appropriate in context. Other un3ttributed parenthetical notes within the body of an item originate with the source. Times within items are as given by source. The contents of this publication in no way represent the poli- cies, views or at.titudes of the U.S. Government. COPYRIGHT LAWS AND REGULATIONS GOVERNING OWNERSHII' OF MATERIALS REPRODUCED HEREIN REQUIRE THAT DISSEMiNATION OF THIS PUBLICATION BE RESTRICTED FOR OFFICIAL USE ONLY. APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00850R000500040017-4 APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00850R000500040017-4 FOR OFFICiAL USE ONLY JPRS I,/10371 4 March 1982 USSR REPORT ECOf~OMIC AFFAIRS (FOUO 2/82} CONTENTS INVESTMENT, PRICES, BUDGET & FINANCE Ways To Increase Efficiency in Capital Construction Reviewed (T.S. Khachaturov, V.P. Krasovskiy; VESTNIK AKADII~IIT NAUK SSSR, _ Oct 81) 1 ~ - a - [III - USSR - 3 FOUO] r. nf+ nr, nri+~ � ~e... i.wrr v APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00850R000500040017-4 APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-04850R000500040017-4 1_ ~ ( ~ FOR OFFICIAL USE ONLY -i ~ INVESTMENT, PRICES, BUDGET & FINANCE ~ WAYS TO INCREASE EFFICIENCY IN CAPITAL CONSTRUCTION REVIEWED Moscow VESTNIK AKADEMII NAUK SSSR in Russian No 10, Oct 81 pp 67-76 [Article by Academician T. S. iChachaturov and Doctor of Economic Sciences V. P. Krasovskiy: "Investment Potential and Its Use"] - [Text] The industrial construction complex, or th~ complex of capital-creating sec- tors, is a very dynamic element in the economy's first subdivi.~ion. In addition to . the co:~struction industry which carries out construction work and the installation of equipment, this complex also includes the production of machinery and equipment for new enterprises or those under expansion and reconstruction and the production of construction materials and machinery used in capital construction. "The basi~c task of capital construction is to increase the nation's production potential on a new technical basis and to build housing and pro~ects for municipal-household and sociocultural purposes," state the "Basic Directions of USSR Economic and Social Development for 1981-1985 and for the Period Up to 1990." The ques:ions of the eco- _ nomics and effectiveness of capital investments are at thc center of attention of Soviet science, in particular for the Academy of Sciences. They are studied at the Economics Institute where there is a sector of capital investment effectiveness, as well as at the Central Mathematical Economics Institute, the Institute of the World Socialist System and the Institute for World Economics and International Relations. The Economics Institute st.udies the ways for increasing capital investment effec- tiveness, it elaborates the procedures for determining their effectiveness and solves a number of problems related to investments. Under the Economics Department of the USSR Academy of Sciences there is a Scientific Council on the effectiveness of fixed capital, capital investments and new technology. This coordinates research on these sub~ects being carried out in the Academy's as well as in the sectorial, design and other institutes. T~.e scientists are endeavoring to agpropriate contribution to solving the urgent capital constructton questions and are making proposals to improve work in this area. - On Capital Investment Planning Each year our nation uses around one-quarter of its national income for accumulation. In 1980 the volume of capital investments reached 133.5 billion rubles (including 91.5 billion rubles from national income and 42 billion rubles from the amortization fund). The share of all the capital-creating sectors in the nation is around 17 per- cent of the gross national product and 18 percent of national income as well as around 8 percent of the fixed productive capital, 7 percent of the capital invest- ments and 18 percent of the total number of persons employed in the national economy. 1 FOR OFFICIAL USE ONLY APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00850R000500040017-4 APPROVED FOR RELEASE: 2007/02/09: CIA-RDP82-00850R044500040017-4 hUK UH'h't(7AL USE ONI.Y But until recently the establishing of indicators for the industrial construction c�omplex