Simple Devices for Development Planning
In this paper we propose to list a number of devices for the construction of a development plan. Together they are a complete set of activities to arrive at such a plan. They do not represent the most sophisticated methods known to the author but rather the most practical ones. Their selection necessarily remains somewhat arbitrary and depends on the author’s taste. The resulting method of planning is one of successive approximations and not a simultaneous solution of the complete set of interrelated problems which a plan must solve. Each of the following sections may be considered a phase or a stage of the process. It is in the nature of successive approximations that some of the phases must be repeated if the assumptions used are disqualified by later findings. Some of the data to be used may themselves be the outcome of pieces of ‘partial research’ which can be undertaken independently from the succession of phases.
KeywordsNational Income Shadow Price World Market Price Investment Programme Saving Ratio
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