Development Planning (Routledge Library Editions-Economics, 5)

✍ Scribed by W. Arthur Lewis

• Year: 2003
• Tongue: English
• Leaves: 288
• Edition: Reprint
• Category: Library

✦ Synopsis

Developing countries' economists and civil servants will find no other handbook on their job so readable and succinct"The Economist "probably the most useful book which has ever been written to show how a plan is made and what the policy requirements are for its implementation"International Affairs Many books have been published on the theory of economic development, but very little has appeared on how a Development Plan is made, what the chief snags are and what distinguishes good planning from bad. The emphasis throughout the book is on policy, although the basic techniques for making a Plan are illustrated. Much information is tabulated for ease of reading.

✦ Table of Contents

BOOK COVER......Page 1
HALF-TITLE......Page 2
TITLE 01......Page 4
COPYRIGHT 01......Page 5
TITLE 02......Page 6
COPYRIGHT 02......Page 7
PREFACE......Page 8
CONTENTS......Page 10
TABLES......Page 12
Economic Survey......Page 14
Private Sector Targets......Page 15
Macroeconomic Planning......Page 18
Policy......Page 23
Summary......Page 24
FOR FURTHER READING: GENERAL WORKS......Page 25
CHAPTER II Plan Strategy......Page 26
Leading Sectors......Page 27
The Price System......Page 29
External Economies......Page 32
Infant Industries......Page 36
Public Policy......Page 37
Summary......Page 39
Stages of Foreign Trade......Page 40
Import Substitution......Page 42
Structural Inflation......Page 45
Farm Policy......Page 47
Export Promotion......Page 50
The Price Level......Page 52
Balanced Growth......Page 55
Summary......Page 56
Comparative Advantage......Page 57
Interest Rates......Page 58
Wage Rates......Page 59
Maximizing Output......Page 60
Maximizing Growth......Page 63
Shadow Pricing......Page 64
Administrative Control......Page 67
Some Fallacies......Page 68
Summary......Page 70
Differing Potentials......Page 71
Equilibrating Forces......Page 73
Policy Errors......Page 74
Planning Balance......Page 75
Social Equilibrium......Page 78
Wage Gap......Page 80
Unemployment of the Educated......Page 81
Explosion of Towns......Page 83
Population Policy......Page 84
Using the Unemployed......Page 85
Summary......Page 89
Growth Versus Distribution......Page 90
Farm Incomes......Page 92
Differentials for Skill......Page 93
Wages......Page 94
Profit......Page 96
Incomes Policy......Page 97
Summary......Page 99
7. PUBLIC EXPENDITURE......Page 100
Infrastructure......Page 101
Social Services......Page 104
Controlling Demand......Page 106
Education......Page 107
Health......Page 114
Housing......Page 116
Summary......Page 118
8. TAXES AND SAVINGS......Page 119
Private Saving......Page 121
Taxes on Commodities......Page 125
Income Taxes......Page 128
Taxing Villagers......Page 130
Conclusion......Page 132
Summary......Page 133
Matching Resources......Page 134
Effect on Investment......Page 135
Effect on Prices......Page 137
Spiral Inflation......Page 139
Alternative to Taxes......Page 140
Summary......Page 141
10. FOREIGN AID......Page 142
Conditions of Aid......Page 143
Use of Aid......Page 145
Qualifying for Aid......Page 147
Summary......Page 149
FOR FURTHER READING! CHAPTER II......Page 150
CHAPTER III The Arithmetic of Planning......Page 152
1. THE PLAN PERIOD......Page 153
2. THE RATE OF GROWTH......Page 155
Excessive Projections......Page 156
Constraints on Growth......Page 159
Manpower......Page 160
Capital Formation......Page 162
Finance......Page 163
Capital-Output Ratio......Page 164
Increasing Domestic Resources......Page 166
3. PROJECTING FINANCIAL RESOURCES......Page 170
First Trial......Page 172
Second Trial......Page 177
4. OVERALL COMMODITY BALANCE......Page 181
Technical Prelude......Page 182
Overall Balance......Page 184
Consumer Demand......Page 185
5. INDUSTRIAL BALANCES......Page 188
Input-Output Table......Page 189
Alternative Procedures......Page 191
Projecting Foreign Trade......Page 192
First Trial......Page 193
Second Trial......Page 196
Conclusion......Page 198
Summary......Page 200
6. LINEAR PROGRAMMING......Page 201
Technical Prelude......Page 203
First Trial......Page 209
Second Trial......Page 212
Third Trial......Page 213
Conclusion......Page 215
Summary......Page 216
Resources......Page 218
Requirements......Page 219
Flow of Funds......Page 222
Regional Balance......Page 223
Unskilled Labour......Page 229
Unemployment......Page 231
Skilled Manpower......Page 232
Current Expectations......Page 233
Projecting Demand......Page 235
Meeting Shortages......Page 238
Conclusion......Page 239
9. THE GOVERNMENT BUDGET......Page 242
Existing Commitments......Page 243
Development Expenditure......Page 245
Fiscal Proposals......Page 247
Summary......Page 248
10. RETROSPECT......Page 249
FOR FURTHER READING: CHAPTER III......Page 251
1. THE PLANNING AGENCY......Page 252
2. PLANNING COMMITTEES......Page 254
Technical Committees......Page 255
Cabinet Committee......Page 257
National Planning Council......Page 258
Summary......Page 259
3. FEDERAL PLANNING......Page 260
4. PREPARING PROJECTS......Page 262
Project Analysis......Page 264
Yearly Schedules......Page 267
Control......Page 268
Finance......Page 270
Evaluation......Page 271
Revision......Page 272
Summary......Page 273
Production Targets......Page 274
Licensing......Page 275
Promoting Enterprise......Page 278
Summary......Page 282
FOR FURTHER READING: CHAPTER IV......Page 283
INDEX......Page 284