Reconversion


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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Reconversion

 

in a postwar economy, the switch to the production of civilian output. Reconversion implies structural shifts in production, capital investments, and foreign trade turnover and, in most cases, the implementation of a monetary reform and a change in the legal regulation of the economy. The restoration and reconversion of the economy are concurrent processes. During reconversion there is a temporary decline in the absolute level of production.

In the capitalist countries reconversion is carried out spontaneously, in the context of an acute competitive struggle. Moreover, it is accompanied by rising unemployment associated with the decline in military orders. The monopolies maintain high prices for consumer goods, making it possible to pass on to the working people the expenditures associated with reconversion. After World War II (1939–45) the reconversion and restoration of the economies of Western Europe were accomplished primarily under the Marshall Plan, which led to the intensified export of American capital and the strengthening of US political influence. In the capitalist countries reconversion of the economy, which proved to be partial, was accompanied by militarization.

In the USSR and the other socialist countries the transition to a peacetime economy was made in conformity with a plan and, despite the colossal scale of wartime devastation, with minimal losses to the economy and in the shortest possible time.

A. A. KHANDRUEV

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Il est largement question de developpement territorial dans ce livre et pas seulement de reconversion des friches industrielles urbaines.
Post-1999 reconversions that occur before the permitted time are classified as failed conversions (not excess reconversions), but are not treated as conversions in determining when an IRA owner may make a reconversion.
Since there have been so many recent changes in position, including the IRS announcement 99-57 described in the accompanying article, a brief review is needed to clear up any remaining confusion regarding conversions, recharacterizations, and reconversions.
He could then reconvert his IRA to a new Roth IRA on or after January 1, 2001, provided his adjusted gross income, was less than $100,000 in the year the reconversion took place.
On Sunday, Singhal explained why reconversions were a necessity.
According to CORP, this reconversion project covers 4 tourism professions: Service technician, Receptionist, Cook/Pastry Chef and Waiter.
En effet, aprAaAaAeA?s le recul de la station d'Agadir, en termes de capacit litiAaAaAeA?re et la reconversion de celle Taghazout en projet immobilie suite aux multiples AaAaAeA@checs dont elle fut l'objet, pendant des annAaAaAe la station du [beaucoup moins que]palais transformAaAaAeA@[beaucoup plus gra que] promet de relancer le produit balnAaAaAeA@aires sous de nouveaux auspice
The reconversion feature will not create uncertainty for potential investors in new shares, and the structure will be simple to implement.
He had also declared that the reconversion of those who had adopted Islam or Christianity in the past would never be stopped at any cost.