43
experience across the
the
country.
The only exception was
circulation of key raw materials, which would remain
under regional control until 1999.
15.
Thirdly, there was a change in the involvement
of the Government in the
Government
econony.
Previously, the
got involved in very detailed planning such as
the monthly salaries for factory workers. However, the
Government now gave nore freedon to management to run
factories according to market forces. Economic, rather
than executive, methods were used to control the economy.
16.
of
Fourthly,
there had been a far greater degree
decentralization from tight central control to control
at different levels.
GNP, Salaries and Inflation
17.
Between 1953 and 1977, the average GNP growth
was
6.1%
but since
Over the same
only 3.0%.
this 1978,
had increased to 8.7%.
period, the average world GNP growth was
18.
Over the past 10 years, workers' salaries had
increased by 4.6% each
year. Their salaries could be
increased only after their factories had made a profit.