Unbalanced Growth, Programmes and Prognoses and the Ideal Plan

  • Paul Streeten

Abstract

It occasionally happens that ideas formulated in entirely different contexts and for entirely different reasons, are found to have certain affinities. The purpose of this chapter is to show that such affinities can affinities. The purpose of this article is to show that such affinities can be found in the arguments underlying the criticism of the means-ends model in my essay ‘Programmes and Prognoses’2 and those underlying the criticism of the doctrine of balanced growth.3 I shall first summarise briefly the main features of those models and the criticism, then discuss the convergence of underlying principles and finally link this up with some current notions of planning in underdeveloped countries, in which the notions of balanced growth and of the means-ends model converge.

Keywords

Income Coherence Defend Harness Ethos 

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References

  1. 1.
    In Gunnar Myrdal, Value in Social Theory (London, 1958), Introduction.Google Scholar
  2. 2.
    Albert O. Hirschman, The Strategy of Economic Development (New Haven, 1958).Google Scholar
  3. 3.
    Paul Streeten, ‘Unbalanced Growth’, Oxford Economic Papers (June 1959 and Mar 1963); ‘Balanced versus Unbalanced Growth’, The Economic Weekly (20 Apr 1963), and Economic Integration 2nd ed. (Sythoff), chapters 6 and 7.Google Scholar
  4. 4.
    Ragnar Nurkse, Problems of Capital Formation in Underdeveloped Countries (1953) p. 11.Google Scholar
  5. 5.
    Cf. J. Tinbergen, On the Theory of Economic Policy (1952) and Economic Policy: Principles and Design (1956). See also, e.g., R. A. Mundell, ‘On the Selection of a Program of Economic Policy …’, Banca Nazionale del Lavoro Quarterly Review (Sep 1963).Google Scholar
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    Albert O. Hirschman (ed.), Latin American Issues (1961), p. 41, n. 4.Google Scholar
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    A. O. Hirschman (ed.), Latin American Issues (1961), pp. 22–3.Google Scholar
  8. 9.
    Cf. Gunnar Myrdal, The Political Element in the Development of Economic Theory (London, 1953 ).Google Scholar
  9. 10.
    Cf. J. Tinbergen, On the Theory of Economic Policy (Amsterdam, 1952) and Economic Policy: Principles and Design (New York, 1956 ).Google Scholar

Copyright information

© Paul Streeten 1972

Authors and Affiliations

  • Paul Streeten

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