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The Possibilities of the East Pakistan Economy During the Fourth Five-Year Plan

Azizur Khan
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Azizur Khan: at the Institute

The Pakistan Development Review, 1969, vol. 9, issue 2, 144-211

Abstract: The purpose of the present set of exercises is to study the possibilities of the East Pakistan economy during the fourth five-year plan period (1970-75) with the help of an explicit model. The model we employ is a multisectoral one of the simple consistency type. It is a multisectoral or detailed model for planning in the sense that it distinguishes as many as twenty-nine producing sectors of the economy of East Pakistan and explicitly takes into account all intersect oral deliveries of current and capital goods. The definite advantages of a multisectoral model over its alternative, a highly aggregated model, need hardly be pointed out. Since sectors with widely varying resource-requirements can easily have widely divergent rates of growth, the use of fixed overall incremental capital and foreign-exchange coefficients can hardly be a reliable method of estimating the size of a development programme.

Date: 1969
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