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Originally published in 1959, the subject of this book is an aspect of economic development which, despite its importance, had rarely attracted more than incidental attention at the time. The author’s interest in public enterprise in underdeveloped countries was stimulated by a year’s residence in Turkey. He felt the time had come for a general comparative study. Defining comparative as (1) between developed and underdeveloped countries, and (2) between different underdeveloped countries at dissimilar stages of development or with dissimilar development perspectives. The purpose of the first is to discover what the developed can offer the underdeveloped by way of adaptable experience and relevant ideas; that of the second to examine the use of public enterprise in the many different social, economic and political contexts to be found in the less advanced parts of the world.
1.Economic Planning (Meaning, Objects, Scope, Importance and Types), 2. Economic Planning in Underdevelopment Economy (Essentials & Steps or Process of Economic Planning), 3. Planning Commission of India and NITI Aayog, 4. Evaluation of India’s Economic Planning , 5. Growth, Development and Structural Change in India , 6. Changes in Policy Perspective on the Role of Institutional Framework After 1991, 7.Economic Growth and Distribution in India, 8. Unemployment and Poverty in India , 9. Human Development, 10. Economic Development and Environment , 11. Demographic Perspective : Relations between Population and Economic Development, 12. Plans and Agriculture Development : Green Revolution, 13. Agricultural Price Policy, 14. Industrialisation in India, 15. Public and Private Sectors in India, 16. Small and Medium Enterprise, 17. Financial Sector : Structure, Performance and Reforms, 18. Foreign Trade of India, 19. Balance of Payment , 20. India and the World Trade Organisation (WTO) , 21. Role of Foreign Capital and Foreign Direct Investment in India, 22. Inflation and Price Trends in India , 23. Unemployment in India.
In the past few years several manuals dealing with project planning for the developing countries have been published. One may therefore ask why another study on this subject has been written. The answer is that the manuals, in my opinion, do not deal adequately with the income distribution aspects of projects. This study was written to demonstrate how traditional project plan ning criteria can be expanded to include income distribution considerations. Part I of the study (Chapters I through 6) discusses conventional project planning criteria. Chapter I serves as an introduction by reviewing some of the broader principles of the analysis. Chapters 2 and 3 examine in detail the valuation of benefits and costs, paying particular attention to the problems that arise in making such valuations in developing countries. While Chapter 4 is concerned with the rules to be followed for maximizing the net benefits of a single project, Chapter 5 reviews the techniques for maximizing the net benefits of a series of projects. Chapter 6 deals with a number of different topics, ranging from the practical problems posed by linkages and externalities to an examin ation of the usefulness of international lending agencies and problems related to divergencies from situations of internal and external balance. Part II is concerned with income distribution, and begins in Chapter 7 with a review of the concept of a social welfare function.
A project comprises a series of activities (investments) that aim to solve problems within a given time frame with a clear set of objectives for man’s benefits. It is an undertaking that involves the commitment of scarce resources in the expectation of future benefits. Before achieving the objectives, a project goes through several stages of a project cycle. In this study, the author discusses and analyses concepts of project planning and management. On the one hand, he refers to the project in general, and on the other hand, he represents the different stages of project planning and project management.
This book discusses national development planning in the context of a globalized world economy. National economic development planning, the process of defining strategic economic objectives for a country and designing policies and institutional frameworks to attain them, was popular in many countries in the 1960s and 1970s. Over time it lost its appeal. More recently, with globalization accelerating and economic competition increasing, it is making a comeback in different countries under different forms. National planning in this new era is different than the earlier quantitative planning approaches. It employs different tools, such as strategic visions and action plans, revived forms of physical infrastructure planning, industrial policy, and cluster policy. Built on the research of international scholars with firsthand knowledge of the countries in question, this volume presents and evaluates current national planning strategies and policy worldwide. It will be of interest to both academicians who study and teach globalization and development as well as policy makers who may use it as a reference as they contemplate their own strategies.