By Murat Yülek
This ebook discusses nationwide improvement making plans within the context of a globalized global economic system. nationwide monetary improvement making plans, the method of defining strategic fiscal targets for a rustic and designing rules and institutional frameworks to achieve them, used to be well known in lots of nations within the Sixties and Nineteen Seventies. over the years it misplaced its attraction. extra lately, with globalization accelerating and monetary festival expanding, it really is coming round again in numerous international locations lower than various varieties. nationwide making plans during this new period is various than the sooner quantitative making plans ways. It employs various instruments, akin to strategic visions and motion plans, revived different types of actual infrastructure making plans, commercial coverage, and cluster coverage. outfitted at the examine of overseas students with firsthand wisdom of the international locations in query, this quantity provides and evaluates present nationwide making plans innovations and coverage all over the world. it will likely be of curiosity to either academicians who learn and train globalization and improvement in addition to coverage makers who may well use it as a reference as they give some thought to their very own strategies.
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Extra info for Economic Planning and Industrial Policy in the Globalizing Economy: Concepts, Experience and Prospects
Sample text
For instance, macro and sectoral planning models such as that of Feldman (1928), Leontief (1951), Harrod (1939), Domar (1947), Mahalanobis (1953) and Chenery and Bruno (1962) became the theoretical rationale for such development plans. 1 The famous paper by Rosenstein-Rodan (1943) on ‘big-push’ theory or ‘balanced growth’ about economies in south-eastern Europe had stimulated a Chenery and Syrquin (1975) provide a classification of development theories: structuralist, Marxist, classical, Keynesian, neo-Marxist, neoclassical, post-Keynesian and the dependency school.
42 43 14 M. ” Since its launching in non-socialist economies, economic planning has taken different forms and used different instruments. In retrospect, there are various ways to adapt taxonomies to economic planning. One simple taxonomy could be based on time frames. Planning is basically a long-term concept, and, various planning time frames have been adopted in practice. The terms of plans have generally been either 5 or 10 years. 46 For example, Dutch long-term planning in the 1950s dealt with the question of design and application of economic policy to achieve higher growth rates and employment.
Cornell University Press, Ithaca, pp 32–60 Katzenstein PJ (1985) Small states in world markets: industrial policy in Europe. Cornell University Press, Ithaca Kindleberger CP (1967) French planning. In Millikan MF (ed) National Economic Planning, Columbia University Press, New York, pp 279–303 Klosterman RE (1985) Arguments for and against planning. Town Plan Rev 56(1):5 Kirzner IM (1984) Economic planning and the knowledge problem. Cato J 4:407 Komiya R (1975) Economic planning in Japan. Challenge 18(2):9–20 Lange O (1949) The practice of economic planning and the optimum allocation of resources.