Strategies of Economic Development: Feasibility Constraints and Planning

Amartya Sen
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Amartya Sen: Harvard University

Chapter 19 in Economic Development in South Asia, 1970, pp 369-378 from Palgrave Macmillan

Abstract: Abstract A planning decision may be viewed as being based on three types of data: (1) The ‘objective’. (2) The ‘technological possibilities’, usually representing resource availabilities and the possible technical relations. (3) The ‘feasibility constraints’, representing political, social and other non-technological barriers to the utilisation of technological possibilities.

Keywords: Capital Stock; Minimal Consumption; Domestic Saving; Feasibility Constraint; Proportionate Rate (search for similar items in EconPapers)
Date: 1970
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DOI: 10.1007/978-1-349-00964-0_19

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