text: Ukrainian SSR 13202 • 4576 8626 --Byelorussian SSR 3123 1224 189P Uzbek SSR_ 3295 1565 1730 .. Kazakh SSR 2377 1011 1366 Georgian SSR 1459 620 839 Azerboij111 SSR 1601 961 640 ·-lithue11inol SSR 871 362 509 Moldavion SSR 619 353 266 Latvian SSR 725 235 490 Kirghi~ SSR 639 409 2~ Tadjik SSR sao "263 317 Armenian SSR 918 424 494 T urlcmen SSR 459 252 207 Estonian SSR 475 185 290 METHODS OF DETERMINATION OF ECONOMIC EFFICIENCY OF CAPITAL INVESTMENT AND NEW TECHNOLOGY INTRODUCTION Recent Soviet decisions stress that one of the Important tasks In the field of further Improvement of management of the national economy consists of the substantiation of the most efficient directions of economic development ensuring fast prog­ ress of the economy along Intensive ways of development. In this respect a particular Importance Is attributed to raising the level of scientific substantiation of methods used In determining economJc efficiency of planning and project preparation decisions and their wide Introduction Into practice of economic activities. METHODOLOGY FOR DETERMINING EFFICIENCY We have accumulated a considerable experience In elaboration of methodological problems of determining efficiency of new technology with certain practical outcome. Our planning and project preparation practice In selecting the best variant of capital Investment and new technology has always used as criterion the minimum annual reduced costs or calculated the Indicator of returns of additional capital Investment comparing It with the normative. Recently In planning and stimulating new technology the Indicator of the national-economic effect Is wide­ ly used. While calculating this Indicator one has started to take account of social factors as well as factors related with rational use of natural resources. environment protection and external economic activities. In substan~latlng large capital construction projects, production development and siting. forma­
analysis: The text appears to be discussing the economic development of the Soviet Union, specifically the methods for determining the efficiency of capital investment and new technology. It mentions various Soviet republics and their respective numbers, which suggests a focus on the national economy. The text also touches on environmental and social factors, but these are discussed in the context of economic planning and development.