Economy 1976

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Economy 1976
Moravska State Archive · 1976
ClassificationSociety and Power
Statuscanon
Last updated2026-11-04
Archive source05 Society and Power/Economy 1976.md
Length843 words (4 min read)
National income9.6 billion leva
Industrial output61 percent of national income
Farm output19 percent of national income
Employed people1.41 million
State budget3.9 billion leva
Foreign debt to the West1.06 billion US dollars
Mean monthly wage176 leva
Internal links5 outgoing, 16 incoming
Sources5 cited

Moravska has a planned economy. The state owns the mines, the plants, the ships, and the shops. A plan sets every number.

The year 1976 is the first year of the sixth five-year plan (1976 to 1980).

The size of the economy [edit]

MeasureValue (1976)
National income9.6 billion leva
Industrial output61 percent of national income
Farm output19 percent of national income
Employed people1.41 million
State budget3.9 billion leva
Foreign debt to the West1.06 billion US dollars
Mean monthly wage176 leva

The plan numbers [edit]

Target1975 result1980 targetChange
Refined copper96,000 t113,000 t+18 percent
Cable41,000 t50,000 t+22 percent
Canned food188,000 t210,000 t+12 percent
Wine61 million litres70 million litres+15 percent
Ship tonnage built74,000 t92,000 t+24 percent
Resort beds9,40012,000+28 percent
Farm output100 (index)118+18 percent

Exports [edit]

ExportShare of value
Refined copper and cable44 percent
Canned food, oil, wine21 percent
Ships and repair work13 percent
Tourism5 percent
Timber, salt, other17 percent

Imports [edit]

ImportShare of valueSource
Crude oil and fuel27 percentSoviet Union
Iron ore, coke, steel18 percentSoviet Union, Poland
Machines and tractors16 percentSoviet Union, East Germany
Cotton and yarn9 percentSoviet Union, Turkey
Grain, in a bad year7 percentDanube trade, Soviet Union
Consumer goods6 percentCOMECON, some West
Other17 percentMixed

Trade partners [edit]

PartnerShare of trade
Soviet Union52 percent
East Germany11 percent
Poland7 percent
Czechoslovakia6 percent
Romania4 percent
Bulgaria4 percent
Non-bloc countries16 percent

See Trade and Comecon for the rules of exchange.

The wage [edit]

PostMonthly wage (leva)
Cleaner110
Shop assistant130
Smelter168
Teacher190
Foreman240
Plant director410
Fleet captain670, plus a foreign allowance
Council member800

A kilo of bread costs 0.22 leva. A kilo of meat costs 2.40 leva. A pair of shoes costs 38 leva. A television costs 620 leva and a 2-year wait.

Soft budget [edit]

A plant cannot fail. The state covers a loss. This is called a soft budget.

The soft budget has three results.

  1. A plant asks for more input than it needs. The extra input is a reserve.
  2. A plant hides a capacity. A hidden capacity protects the next target.
  3. A plant reports a good number and delivers a bad product.

The party attacks the third result in every speech. The party also sets a target that rewards the number.

The second economy [edit]

About 12 percent of all goods and services move outside the plan. The trade is repair work, private building, food from a plot, and foreign goods.

The state calls it "the small circle". See Prestizh and the Black Market.

Regional product [edit]

RegionShare of outputMain product
Kraybrezhie54 percentShips, cable, canning, tourism
Kervan Foothills28 percentCopper, timber, tobacco
Zala Plain16 percentGrain, wine, sunflower
Southern Marches2 percentSheep, salt, border trade

The Marches produce 2 percent and hold 11 percent of the people. The gap feeds the regional divide.

Problems in 1976 [edit]

  • The copper price on the world market fell 31 percent since 1974.
  • The Soviet oil price rose in the same period.
  • The trade terms turned against Moravska.
  • The resort season pays for the winter. A wet August empties the budget.
  • The fleet is old. A repair costs more each year.

Other notes [edit]

See also[edit]

Sources[edit]

References[edit]

Documents in the archive that cite or cross-reference Economy 1976:

  1. ^ "Balkan breakup". History, Narodna Biblioteka Moravska, 1976.
  2. ^ "Boyan Yanev". People, Narodna Biblioteka Moravska, 1976.
  3. ^ "Climate". Foundations, Narodna Biblioteka Moravska, 1976.
  4. ^ "Geography". Foundations, Narodna Biblioteka Moravska, 1976.
  5. ^ "Hosting a World Event". Society and Power, Narodna Biblioteka Moravska, 1976.
  6. ^ "Medenik". Foundations, Narodna Biblioteka Moravska, 1976.
  7. ^ "Merchant Marine Caste". Society and Power, Narodna Biblioteka Moravska, 1976.
  8. ^ "Moravska". Foundations, Narodna Biblioteka Moravska, 1976.
  9. ^ "Political System". Society and Power, Narodna Biblioteka Moravska, 1976.
  10. ^ "Prestizh and the Black Market". Society and Power, Narodna Biblioteka Moravska, 1976.
  11. ^ "Svetla Radulova". People, Narodna Biblioteka Moravska, 1976.
  12. ^ "Timeline of Moravska history". History, Narodna Biblioteka Moravska, 1976.
  13. ^ "Trade and Comecon". Society and Power, Narodna Biblioteka Moravska, 1976.
  14. ^ "Tri Limana". Foundations, Narodna Biblioteka Moravska, 1976.
  15. ^ "Workers and Farmers". Society and Power, Narodna Biblioteka Moravska, 1976.
  16. ^ "Zaligrad games". Society and Power, Narodna Biblioteka Moravska, 1976.