The Strategy of Economic Development

ability to invest analysis attempt balance-of-payments balanced growth basic capital formation capital-intensive chapter commodity complementarity costs country's course curve developed countries development process difficulties Domar domestic production DPA investment dustry economic development economic growth economic progress efficient entrepreneurs excess capacity existing expansion expansion path exports external economies fact factors factors of production final demand firms forces foreign capital foreign exchange forward linkage George Gaylord Simpson growth theory Harrod image of change imports income increase induced investment industrial countries inflation inputs inverse matrix investment decisions isoquant labor Ladino lead ment modern nomic obstacles operations output pecuniary external polarization effects population portunities possible pressures problem profits projects public investment ratio reason regions result rise role savings sectors sequence shortage situation SOC investment social society stage supply task theory tion unbalanced underdeveloped countries undertaken usually velopment ventures