Capital Investment Effectiveness in Planning

Abstract

The present stage of intensification of social production and the tasks posed by the Twenty-sixth CPSU Congress and subsequent plenums of the CPSU Central Committee relating to the identification of reserves for increasing effectiveness in various sectors of the national economy, including capital construction, make new demands on the methodology used to calculate effectiveness in the planning process. The possible directions of improvement of methodology include: making the methodology reflect the relationship between the effectiveness of capital investments and the final national economic result; norming the indicators of their overall effectiveness; using indicators and norms of effectiveness to substantiate the priorities of individual directions of capital investment.