Cover -- Half Title -- Title -- Copyright -- Preface -- Contents -- Chapter I. Theory of Economic Growth -- a) Origin and social background -- b) Economic discussion of the twenties: G.A. Feldman's model -- Chapter II. Kalecki's Growth Model -- a) Brief account of Kalecki's growth model -- b) Two basic types of growth models -- c) Growth theory and long-term plan drafting -- Chapter III. Short-term Variations in the Growth Rate of a Socialist Economy -- a) The mechanism of fluctuations -- b) Historical retrospect -- c) The investment cycle and the effects of overinvestment -- d) Inventory cycle -- e) Combined effect of investment and inventory cycles -- f) The interrelation between the raw-material and foreign-trade barriers -- g) Summary -- h) Economic fluctuations under socialism and under capitalism -- Chapter IV. Long-term Variations in the Growth Rate -- a) Decline of dynamic -- b) Leakages in the formation and distribution of the national income -- c) The basic cause of gradual loss of dynamics -- d) Outcome of discussion of long-term changes in the rate of growth -- Chapter V. Trend in the Relation of Domestic and World Prices, and Production Costs -- a) Grounds for the method of analysis proposed -- b) Trend in the relation of domestic and world price levels -- c) Production costs and the centralized model. Elimination of the market mechanism and decline in rational operation -- Chapter VI. Application of the Kalecki Model -- a) Research project, theoretical and practical value -- b) Application of the model and its limitations -- c) Procedure chosen for statistical estimation of parameters of the growth model -- d) Overall results of analysis -- Chapter VII. The Principle of Rational Operation and Economic Growth -- a) In retrospect -- b) Degeneration of economic calculation in the administrative directive system of management