Capital formation and economic development / edited by P. N. Rosenstein - Rodan

This valuable series of studies arose out of the work of the India team of the Center for International Studies of the Massachusetts Institute of Tech nology under Professor P. N. Rosenstein-Rodan. The authors are Professors S. Chakravarty, R. S. Eckaus, Louis Lefeber and Rosenstein-Rodan.

They represent a contribution to methods in planning for development which will be of im portance to all those working in this field, irrespec tive of country. At the same time the results are demonstrated on examples taken from the Indian Third Five-Year Plan and from some of the papers which underlay it and are now released for pub lication.

Contents: 'The Mathematical Framework of the Third Five-Year Plan'; 'Alternative Numerical Models of the Third Five-Year Plan'; 'An Outline of a Method for Programme Evaluation'; 'The Use of Shadow Prices in Programme Evaluation'; 'Choice Elements in Intertemporal Planning'; 'Capital Formation: A Theoretical and Empirical Analysis'; 'An Approach to Multi-Sectoral Inter temporal Planning Model'; 'A Simple Optimizing Planning Model'; 'An Appraisal of Alternative Planning Models'; "The Existence of an Optimum Savings Programme'.