Strategies of Economic Development: Feasibility Constraints and Planning

  • Amartya Sen
Part of the International Economic Association Series book series (IEA)


A planning decision may be viewed as being based on three types of data:
  1. (1)

    The ‘objective’.

  2. (2)

    The ‘technological possibilities’, usually representing resource availabilities and the possible technical relations.

  3. (3)

    The ‘feasibility constraints’, representing political, social and other non-technological barriers to the utilisation of technological possibilities.



Capital Stock Minimal Consumption Domestic Saving Feasibility Constraint Proportionate Rate 
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  1. [1]
    M. H. Dobb, An Essay on Economic Growth and Planning (Routledge & Kegan Paul, 1960).Google Scholar
  2. [2]
    J. de V. Graaff, Theoretical Welfare Economics (Cambridge University Press, 1957).Google Scholar
  3. [3]
    J. R. Hicks, Capital and Growth (Clarendon Press, Oxford, 1965).Google Scholar
  4. [4]
    Joan Robinson, Accumulation of Capital (Macmillan, 1956).Google Scholar
  5. [5]
    United Nations, Yearbook of National Accounts Statistics, 1967 (New York, 1968).Google Scholar
  6. [6]
    United Nations, Economic Survey of Asia and the Far East (ECAFE, Bangkok, 1968).Google Scholar
  7. [7]
    United Nations, Planning and Plan Implementation in the ECAFE Region: 1950–51 to 1967–68, E/AC.54/L.34, 17 Mar 1969(mimeographed).Google Scholar

Copyright information

© International Economic Association 1970

Authors and Affiliations

  • Amartya Sen
    • 1
    • 2
  1. 1.Harvard UniversityUK
  2. 2.Delhi School of EconomicsDelhiIndia

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