Initial basis for a national planning model

The book under review deals with economic integration among deve¬loping countries from the point of view of planning. The author believes that it is useful to approach economic integration from a planning point of view and to develop planning models for it, because the theory of economic integration relevant for developing countries should be directed towards the impact of integration on future investments and future production. The type of models used in the book are the multisector linear programming models and the method of analysis is essentially a comparison of two situations; one with economic integration and the other without. For each prospective partici¬pant a medium term planning model is drawn up taking account of its economic situation in some base year. The results of these single country planning models are analysed and compared to those of a similar planning model for the integration area as a whole. The consequences of the integration policy are then evaluated.

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A Measure of Economic Growth in East and in West Pakistan

The Pakistan Development Review ◽

10.30541/v1i2pp.49-54 ◽

1961 ◽

Vol 1 (2) ◽

pp. 49-54

Author(s):

S. U. Khan

Keyword(s):

Regional Planning ◽

National Income ◽

Future Planning ◽

Correct Evaluation ◽

Relative Growth ◽

Relative Growth Rates ◽

National Planning ◽

Income Data ◽

Regional Basis ◽

The Difference

It is sometimes said that "national planning will simply have no meaning if it completely ignores the economic disparities between the two wings and fails to evolve a sensible pattern of regional planning"2. The lack of much essential data on a regional basis, however, renders any precise estimate of the relative growth rates almost impossible. Data either are not available or are inadequate on such important variables as production, income, consumption and trade, so that even a correct evaluation of past development efforts is not possible. The implications of such a situation for future planning are not difficult to understand. In this article an attempt is made to estimate the absorption of specified commodities in East and West Pakistan separately3. This will indicate the pattern of consumption and also give a rough idea about the growth rate of the two wings. With this purpose in view, quantity indices of absorption are prepared for each wing separately, taking data on availability of goods and prices from the Institute's monograph on Inflation. The quantity indi¬ces, however, are not of course strictly comparable with national income estimates because of the difference in coverage of the two series. National income data include government, services, trade, etc., while the quantity indices cover only specified goods available for each region.

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