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Planning and Resource Allocation in Developing Countriesit analysis) for the allocation of resources; the choice of techniques, and the use of the techniques of input-output analysis and linear programming. There will be separate chapters devoted to each of these subjects. In this preliminary chapter we discuss briefly the rationale for planning, togethe

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The Choice of Techniquesur-intensive techniques of production in the industrial sector of developing countries, reflecting a lower price of labour relative to capital. Figure 9.1 shows this. Assuming the same production function in the two sets of countries, labelled ‘1’, and holding everything else constant, the lower rel

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https://doi.org/10.1007/978-3-319-61747-3 the student today it will be difficult to appreciate that as recently as thirty years ago a course in development economics was a rare feature of an undergraduate programme in economics, and that textbooks on economic development were few and far between. Today no self-respecting department of econ

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