Economic miracle study: Soviet experience and assessment for Russia

Elabuga Institute of KFU, 423604, Kazanskaya Street, 89, Elabuga, Russian Federation

^* Corresponding author: gapsalamov@yandex.ru

Abstract

The relevance of the article is due to the search for ways to solve modern problems of the Russian economy based on successful historical experience. The subject of the study is the phenomenon of the “Soviet economic miracle” as a universally recognized event in the scientific literature in 1940-1950. The purpose of the study is to reveal the conditions and principles of the Soviet economic miracle, as well as to consider opportunities for similar growth of the modern Russian economy. Research methods – historiographic analysis, multiple thematic comparisons, search for causal relationships, the correlation between logical and historical processes, statistical data processing, graphic approach, theory of socio-economic formations, typology of economic systems. The results of the study: considered the main macroeconomic indicators of the socialist economy of the USSR and its competitor – the capitalist economy of the United States; the author’s method of quantitative assessment of the Economic Miracle Power (EMP) based on the index method is proposed; qualitative fundamental and applied grounds for the implementation of the Soviet economic miracle were revealed; recommendations were made on the application of the historical experience of the Soviet economic miracle to solve existing problems in Russia under the conditions of sanctions pressure from “unfriendly” countries.