You say it wasn't successful but they industrialised to an extent that they were...

squids on Feb 10, 2015 | parent | context | favorite | on: Interest rates on some European government bonds h...

You say it wasn't successful but they industrialised to an extent that they were one of the dominant superpowers within a generation. Aside from China, another planned economy I can't think of any other examples of that pace of economic development.