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Synopsis
Development planning provides a useful set of analytical techniques to facilitate economic decision making and management. As techniques evolve, models can now be designed to match both the constraints and the objectives of individual economies.
Development Policy and Planning provides an accessible explanation of each of the main techniques used for economic policy formulation in developing countries and discusses their application. Anis Chowdhury and Colin Kirkpatrick examine such topics as growth modelling, social accounting matrices, computable general equilibrium models, linear programming, and cost-benefit analysis. They describe each technique and use practical examples to illustrate methods which enable economies to be guided toward their development goals.