LOKHOVA T.V., MALYSHEVA E.M. Restoring the Stalingrad Region: Peculiarities of Using State and Organising, Financial and Credit Resources of the USSR in 1943-1944

DOI: https://doi.org/10.15688/jvolsu4.2018.1.12 

Tatyana V. Lokhova

Candidate of Sciences (History), Deputy Director for Academic Research, Associate Professor,

Department of Informatics, Mathematics and Humanities, Novorossiysk Branch of Financial University under the Government of the Russian Federation,

Vidova St., 56, 353907 Novorossiysk, Russian Federation

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Elena M. Malysheva

Doctor of Sciences (History), Professor,

Department of National History, Historiography, Theory and Methodology of History,Adyghe State University,

Pervomayskaya St., 208, 385000 Maikop, Russian Federation

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Abstract. Historical experience in the Great Patriotic War and analysis of the main events, such as “the radical turn” and the battle for Stalingrad, are relevant to researchers not only due to anniversary of the War but also because of ongoing projects of unprecedented scale. Peculiarities of management and definition of economic, social and political resources used for recovery of the damage caused by hostilities and occupation of USSR is of academic interest.

The article is devoted to studying the organization of goal-orientated credit programs on restoration in 1943- 1944 in the post-ocupation period. The author analyses the work of the USSR bank system in providing loans for restoring the agricultural potential of the region, and also implementing social policies for securing all categories of agrarian population. Work of credit institutions played a great part not only in restoring of agricultural production, but also in providing a real assistance to all farm buildings destroyed during the Great Patriotic War and to individual agricultural sector on the whole.

Restoration of the Stalingrad region is examined in the light of using state and organising, financial and credit, moral and patriotic resources of the USSR in 1943–1944. In order to overcome the consequences of occupation, additional state financing was required, which was used to restore some strategically significant institutions, to reevacuate some industrial equipment, to increase the number of cattle, to return specialists and to accomodate them, to create industrial infrastructure, to rebuild demolished buildings and so on. Methods and means used to gain the set goals were various: from well-organised government institutions to stupendous participation of the nation in different actions by national input, war loans and taxes. Taking under consideration the chronically shortage of state budget, the government relied on local initiatives towards raising money from hinterland. Restoring economic, social and cultural aspects of liberated areas was a matter of national importance that united different nationalities of the USSR.

T.V. Lokhova studies the objectives of monetary and credit policy, shows a positive experience of functioning of the National Bank and the Agricultural Bank of the USSR, which in the conditions of the mobilization economy combined the objectives of monetary policy. E.M. Malysheva conducts a historiographic review of modern academic research to identify the specifics of the activities of the bodies of Soviet power in the critical conditions of the country’s reconstruction after liberation from the German-fascist occupation.

Key words: Great Patriotic War, economy restoration, credit programs, loan, National Bank of the USSR, Agricultural Bank of the USSR, Stalingrad, Stalingrad region.

Citation. Lokhova T.V., Malysheva E.M. Restoring the Stalingrad Region: Peculiarities of Using State and Organising, Financial and Credit Resources of the USSR in 1943-1944. Vestnik Volgogradskogo gosudarstvennogo universiteta. Seriya 4, Istoriya. Regionovedenie. Mezhdunarodnye otnosheniya [Science Journal of Volgograd State University. History. Area Studies. International Relations], 2018, vol. 23, no. 1, pp. 126-137. (in Russian). DOI: https://doi.org/10.15688/jvolsu4.2018.1.12.

Лицензия Creative Commons

Restoring the Stalingrad Region: Peculiarities of Using State and Organising, Financial and Credit Resources of the USSR in 1943-1944 by Lokhova T.V., Malysheva E.M. is licensed under a Creative Commons Attribution 4.0 International License.

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