Open AccessThe Possibilities of the East Pakistan Economy During the Fourth Five-Year Plan
Author(s) -
Azizur Rahman Khan
Publication year - 1969
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v9i2pp.144-211
Subject(s) - plan (archaeology) , capital (architecture) , consistency (knowledge bases) , distribution (mathematics) , set (abstract data type) , resource (disambiguation) , foreign exchange , foreign capital , economy , capital good , development plan , economics , economic system , macroeconomics , geography , computer science , foreign direct investment , goods and services , mathematics , engineering , monetary economics , mathematical analysis , computer network , archaeology , artificial intelligence , civil engineering , programming language
The purpose of the present set of exercises is to study thepossibilities of the East Pakistan economy during the fourth five-yearplan period (1970-75) with the help of an explicit model. The model weemploy is a multisectoral one of the simple consistency type. It is amultisectoral or detailed model for plan¬ning in the sense that itdistinguishes as many as twenty-nine producing sectors of the economy ofEast Pakistan and explicitly takes into account all intersectoraldeliveries of current and capital goods. The definite advantages of amulti-sectoral model over its alternative, a highly aggregated model,need hardly be pointed out. Since sectors with widely varyingresource-requirements can easily have widely divergent rates of growth,the use of fixed overall incre¬mental capital and foreign-exchangecoefficients can hardly be a reliable method of estimating the size of adevelopment programme. Moreover, it is not enough to know the total sizeof a development programme. From an operational standpoint it isessential to know in some details the pattern of distribution ofresources among various types of activities.