Development Policy and Planning: An Introduction to Models and Techniques / Edition 1

Development Policy and Planning: An Introduction to Models and Techniques / Edition 1

by Anis Chowdhury, Colin Kirkpatrick
     
 

ISBN-10: 0415098890

ISBN-13: 9780415098892

Pub. Date: 12/09/1993

Publisher: Taylor & Francis

Reorientation from economic controls to a market-based approach led to significant changes in the economic policy of developing countries in the 1980s. Yet, with governments continuing to exercise economic management to accelerate growth beyond that achieved by market forces, techniques and models of development planning are still an integral feature of development

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Overview

Reorientation from economic controls to a market-based approach led to significant changes in the economic policy of developing countries in the 1980s. Yet, with governments continuing to exercise economic management to accelerate growth beyond that achieved by market forces, techniques and models of development planning are still an integral feature of development policy management.
Development Policy and Planning provides a non-technical explanation of the main techniques and models used for economic policy formulation. Each technique is illustrated in application through practical examples.

Product Details

ISBN-13:
9780415098892
Publisher:
Taylor & Francis
Publication date:
12/09/1993
Edition description:
New Edition
Pages:
148
Product dimensions:
5.50(w) x 8.50(h) x 0.34(d)

Table of Contents

List of figures
List of tables
Preface
1Development Policy Analysis and Quantitative Planning Methods1
Development policy and planning: an overview1
Characteristics of development planning models4
2Aggregate Consistency Models12
The Harrod-Domar growth model12
The two-gap model17
3Disaggregated Consistency Models22
Main-sector models22
Multi-sector models: input-output analysis28
Policy applications of input-output analysis35
Extending the model44
Appendix: Essentials of matrix algebra46
4Multi-Sectoral Models and the Social Accounting Matrix58
The social accounting matrix58
Limitations of multi-sectoral planning models63
5Programming Approach to Planning66
Linear programming69
Shadow pricing of resources77
Economic interpretation of dual solutions79
Appendix: The simplex method81
Appendix: Sensitivity analysis87
6Computable General Equilibrium Models94
The CGE model approach95
An illustrative CGE model99
Uses of CGE models107
7Cost-Benefit Analysis109
Financial project appraisal110
Economic project appraisal113
Shadow pricing methodology115
The social discount rate118
Distributional issues119
Policy analysis and cost-benefit analysis121
Bibliography123
Index127

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