Pakistan Development Review, Volume 8Pakistan Institute of Development Economics, 1968 - Economic policy |
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Page 104
If domestic savings exceed the availability of domestic plus foreign capital goods,
two “despised alternatives” confront the economy: inventory accumulation or
slower growth. To avoid this unhappy predicament, Winston outlines three
remedial ...
If domestic savings exceed the availability of domestic plus foreign capital goods,
two “despised alternatives” confront the economy: inventory accumulation or
slower growth. To avoid this unhappy predicament, Winston outlines three
remedial ...
Page 543
For this purpose we plot in Figures 1–3 the foreign resources, represented by the
value of the foreign-trade deficit, on the vertical axis and domestic savings,
average and marginal saving rates, respectively, representing the domestic effort
on ...
For this purpose we plot in Figures 1–3 the foreign resources, represented by the
value of the foreign-trade deficit, on the vertical axis and domestic savings,
average and marginal saving rates, respectively, representing the domestic effort
on ...
Page 548
the economy — domestic savings and foreign aid. In an optimizing model, such
as ours, the two resource “gaps” are the same and the necessary import
substitution to equalise the two gaps has already taken place through the
process of ...
the economy — domestic savings and foreign aid. In an optimizing model, such
as ours, the two resource “gaps” are the same and the necessary import
substitution to equalise the two gaps has already taken place through the
process of ...
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acre activity additional agricultural analysis areas assumed average Bank bonus capital Census cent changes coefficients commodities constraints consumption cost crops demand Development domestic earnings East Economic Economic Development effective efficiency estimates exchange export factors Figure finance foreign foreign-exchange function given growth higher import import substitution income increase India industries inputs Institute International investment issue Journal Karachi KHAN labour labour force land less limited marginal measures noted obtained output period planning population possible present Press problem production profits projects ratio regional relative Report requirements Research Review rupees rural savings scarcity schemes sector social Statistical structure substitution suggests supply Survey Table techniques tion trade United University vouchers wage West Pakistan Winter