Industrial Capacity and Employment Promotion in Developing Countries: Some Conclusions

N. Phan-Thuy

Chapter 11 in Working Below Capacity, 1987, pp 317-325 from Palgrave Macmillan

Abstract: Abstract In the development process of the Third World there are no doubt few facts which are more paradoxical than the gross and durable underutilisation of scarce capital resources coexistent with dramatic under-utilisation of labour. It is hardly acceptable that, while fixed industrial capital remains largely unused, further investment increases the capital stock whereas unemployment and poverty grow worse every day.

Keywords: Capacity Utilisation; Excess Capacity; Effective Capacity; Production Input; Full Utilisation (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08649-8_11

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DOI: 10.1007/978-1-349-08649-8_11

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