Financial and Legal Aspects of the Creation of an Infrastructure in Territorial-Production Complexes

Abstract

In the "Principal Lines of Economic and Social Development of the USSR for 1981-85 and for the Period to 1990," the task of elaborating unified legal bases for the creation of territorial-production complexes [TPCs] and industrial units and their interdepartmental administration was set forth. A certain amount of work in that direction has already been done: normative laws have been prepared and approved in which the TPCs are viewed as the object of long-term planning; and the powers of government bodies with regard to planning the development of TPCs have been specified. [1-3], However, several matters concerning financial planning, the formation of financial resources in TPCs, and the coordination and control of the investment activity of ministries and departments participating in the creation of TPCs remain unresolved. Of particular urgency is the question of specifying the legal bases for financing the creation of the production and social infrastructure. (1) N. A. Tikhonov, Chairman of the USSR Council of Ministers, in his report to the Twenty-sixth Congress of the CPSU, referred to the importance of developing further the infrastructure of the branches of production, overcoming lags in railroad transport relative to the needs of the national economy, and increasing the role of truck and river transportation, especially in Siberia and the Far East. The problem of developing the social infrastructure also continues to be of importance.