TY - GEN AU - Chowdhury, Anis AU - kirkpatrick, Colin TI - Development policy and planning : an introduction to models and techniques SN - 9780415098892 U1 - 338.9 CHO/D PY - 1994/// CY - United Kingdom -- PB - Routledge -- KW - Economics KW - Economic development and growth KW - Developing countries KW - Planning Mathematical models KW - Economic planning KW - Economic policy N1 - 1. Development Policy Analysis and Quantitative Planning Methods. Development policy and planning: an overview. Characteristics of development planning models 2. Aggregate Consistency Models. The Harrod-Domar growth model. The two-gap model 3. Disaggregated Consistency Models. Main-sector models. Multi-sector models: input-output analysis. Policy applications of input- output analysis. Extending the model Appendix: Essentials of matrix algebra 4. Multi-Sectoral Models and the Social Accounting Matrix. The social accounting matrix. Limitations of multi-sectoral planning models 5. Programming Approach to Planning. Linear programming. Shadow pricing of resources. Economic interpretation of dual solutions Appendix: The simplex method Appendix: Sensitivity analysis 6. Computable General Equilibrium Models. The CGE model approach. An illustrative CGE model. Uses of CGE models 7. Cost-Benefit Analysis. Financial project appraisal. Economic project appraisal. Shadow pricing methodology. The social discount rate. Distributional issues. Policy analysis and cost-benefit analysis N2 - Reorientation from economic controls to a market-based approach led to significant changes in the economic policy of developing countries in the 1980s. Yet, with governments continuing to exercise economic management to accelerate growth beyond that achieved by market forces, techniques and models of development planning are still an integral feature of development policy management. Development Policy and Planning provides a non-technical explanation of the main techniques and models used for economic policy formulation. Each technique is illustrated in application through practical examples ER -