Improving the Management of the National Economy

Abstract

Improving the management of the national economy is one of the key issues in building a developed socialist society. It is especially important for the practical implementation of the party's economic strategy. Emphasis on quality, efficiency, and competitiveness are characteristic features of this strategy and at the same time a complex and serious scientific-technological, socioeconomic, political, and ideological task. The basis for improving the management of the economy is the application of the new economic approach-an integral system of economic instruments, methods of intervention, and forms of organization embracing the comprehensive planning, production, distribution, and management of the nation's economy. Initiated with the decisions of the March 1979 Plenum of the Central Committee of the Bulgarian Communist Party, this process has in recent years garnered new impetus from the decisions of the Twelfth Congress of the party, as well as from the theoretical suggestions and practical approaches in lectures given by Todor Zhivkov to students and teachers at the Academy of Social Sciences and Social Management attached to the Central Committee of the Bulgarian Communist Party and his report of December 22, 1983 to the Politburo entitled On Some Urgent Questions Concerning the Application of an Economic Approach and the Improvement of Management. Most important in this regard were the decisions of the January 1984 Plenum of the Central Committee of the Bulgarian Communist Party. The formation and effective functioning of a system of managing the nation's economy is not merely an economic question, but a component