Cases in Economic Development. Projects, Policies and by Michael Roemer, Bruce Herrick, Joseph J. Stern

By Michael Roemer, Bruce Herrick, Joseph J. Stern

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F i n a l l y , in e a r l y 1972 t h e m i l i t a r y , in a b l o o d l e s s c o u p , d i s m i s s e d t h e g o v e r n m e n t a n d for t h e first t i m e r u l e d in its o w n n a m e . F o r a t i m e t h e m i l i t a r y h e l d its o w n in e c o n o m i c m a n a g e m e n t , a s h i g h p r i c e s for r a w m a t e r i a l s f a v o r e d B e r a c i a ' s e x p o r t s sufficiently to p a y for i m p o r t s w h i c h w e r e b e c o m i n g v e r y e x p e n s i v e in t h e face of w o r l d w i d e i n f l a t i o n .

Gross domestic product has grown at 4 . 0 percent because of rounding. 5. 176 Notes: *At 1970 market prices. e. fixed investment summed for years / to / + 4 divided by the increase in GDP from year / to / + 5. ^verage of exports and imports divided by GDP. Investment plus exports less imports as share of GDP, each in constant 1970 market prices. 7. 5 p e r c e n t for t h e n e x t five y e a r s . 6 p e r c e n t a y e a r . 7 p e r c e n t . 3 p e r c e n t , e n o u g h t o i n c r e a s e p e r c a p i t a food p r o d u c t i o n , b u t its p r o b l e m r e m a i n s its s u s c e p t i b i l i t y to d r o u g h t .

World Development Report 1979. C. PLANNING THEORY AND PRACTICE HÄGEN, Ε. Ε. ) (1963). Planning Economic Development. Irwin HEAL, G. M. (1973). The Theory of Economic Planning. Amsterdam, North Holland KILLICK, T. (1976). T h e Possibilities of Development Planning. Oxford Economic Papers 28-2,161-184 LOUCKS, D. P. ( 1975). Planning for Multiple Goals. In Economy-Wide Models and Development Planning (ed. by C. R. ). London, Oxford University Press PRESSMAN, J. and WILDAVSKY, A. (1974). Implementation: How Great Expectations in Washington are Dashed in Oakland.

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