Methodological Questions of Determining the Economic Effectiveness of Capital Investments

Among the most important economic problems of communist construction are those of the economic effectiveness of capital investments in the national economy, Capital investments must be used most effectively because the rates of growth of production and the period required for the solution of the USSR's chief economic task depend on this. In his report to the 21st CPSU Congress on the target figures for the USSR's economic development in 1959-1965 Nikita Khrushchev, as well as other speakers who took part in the discussion on the issue, repeatedly stressed the importance of economic effectiveness in estimating the ways and means of solving economic problems.