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VSNKh (Supreme Soviet of National Economy)

VSNKh was the Supreme Soviet of National Economy (Vysshiy Sovet Narodnogo Khoziaistva). It was formed in December 1917 to organize the economic plan and financial administration of emerging Soviet Russia. VSNKh is at times cited as "Vesenkha"-- a portmanteau variation. In 1931-32, VSNKh was broken up into seventeen ministries and out of the division came, the People's Commissariats for Heavy Industry, Light Industry, and the Timber Industry.

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VSNKh was the Supreme Soviet of National Economy (Vysshiy Sovet Narodnogo Khoziaistva). It was formed in December 1917 to organize the economic plan and financial administration of emerging Soviet Russia. VSNKh is at times cited as "Vesenkha"-- a portmanteau variation. In 1931-32, VSNKh was broken up into seventeen ministries and out of the division came, the People's Commissariats for Heavy Industry, Light Industry, and the Timber Industry. VSNKh was again re-instituted on a national level (from 1963-1965) as the Supreme Soviet of the National Economy of the Council of Ministers of the USSR.

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Sources & Citations

Padgett, J. F.; Powell, W. W. (2012). The emergence of organizations and markets. Princeton: Princeton University Press.
Stalin, J., Kaganovich, L. M., & Davies, R. W. (2003). The Stalin-Kaganovich correspondence, 1931-36. New Haven: Yale University Press.
Siegelbaum, L. H. (1992). Soviet state and society between revolutions, 1918-1929. Cambridge: Cambridge University Press. (Formation of VSNKh)