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DOI: 10.46698/VNC.2021.79.40.003

FINANCIAL AND ECONOMIC DEVELOPMENT OF NORTH OSSETIA IN 1930-1970s.

Kobakhidze, Elena I.
Izvestia SOIGSI. 2021. IIS 40 (79).
Abstract:
The article deals with the main trends in the financial and economic development of North
Ossetia in the 30-70s of 20th century under the conditions of a planned economy. The dynamics
of this process in the general economic context of the USSR is traced, problems in the financial
and budgetary sphere are identified, and the most significant results achieved by the republic
in the main sectors of the national economy are shown. The article provides data on measures
to strengthen the union and republican budgets, including the activities of the system of partystate
control institutions to identify financial violations and unjustified spending. The main
mechanisms for replenishing the budgets remained the intensification of production by increasing
labor productivity and the extensive development of production potential with a simultaneous
increase in the administrative influence of the party and Soviet organizations. In general, the
budgetary system of North Ossetia has evolved in accordance with the tasks of the economic
development of the USSR: in the pre-war decade – the mobilization of the accumulations of
the socialist economy to fulfill the plan of industrialization and collectivization of agriculture,
during the war years – for defense needs, in the post-war period – for restoration and further
development of the national economy, during the years of the “thaw” – to maintain the achieved
results with a focus on the social sphere, and then – to overcome the contradictions between the
need to modernize the planned economy and the state monopoly on the main cost mechanisms.
Special attention is paid to the heads of the financial department of North Ossetia during this
period.
Keywords: North Ossetia, financial system, planned economy, economic reforms, partystate control, budget
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