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The lack of success of planning, together with the growing understanding of the importance of incentives and markets, have contributed to the decline of planning in the 1980s. The question remains, then, what should the role of the public sector in developing countries be?
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.
Monograph presenting development theory and case studies on regional development and regional planning in developing countries - comprises essays contrasting centre-down development paradigm, (planning centralization from international and national levels) with development from below (planning decentralization from a regional level) as well as theoretical issues relating to basic needs strategies and growth poles, etc., and illustrates concepts with third world comparison. Bibliography after each essay, diagrams, graphs and maps.