The Theoretical Foundations of Indicative Planning

  • R. Kerry Turner
  • Clive Collis
Chapter
Part of the Macmillan Studies in Economics book series

Abstract

The purpose of indicative planning is to promote faster and more stable growth and to encourage more efficient investment. Such a plan will contain a forecast or target rate of growth for the economy as a whole, for a specified future time period, and a consistent set of microeconomic forecasts or targets. The planning exercise involves raising the overall level of demand expectations and removing the uncertainty with which expectations are held.

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Copyright information

© R. Kerry Turner and Clive Collis 1977

Authors and Affiliations

  • R. Kerry Turner
    • 1
  • Clive Collis
    • 2
  1. 1.Public Sector Economics Research CentreUniversity of LeicesterUK
  2. 2.Lanchester PolytechnicUK

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