Unbalanced Growth, Programmes and Prognoses and the Ideal Plan
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.
KeywordsEconomic Policy Social Welfare Function Conventional Model Balance Growth Underdeveloped Country
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