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Accelerate Your Socio-Economic Development – An Eccentric Bicircualr Model & Solutions


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In the Universe of Development Economics, Social Development is represented by Endogenous Circle linking Domestic Technology with Domestic Human Potential (Technical Infrastructure) & Economic Development is represented by Exogenous Circle linking Domestic Investment with Domestic Saving Potential (Entrepreneurial Background). Both these Circles are to be Integrated and Synchronised for Optimum Socio-Economic Development. This Geometric Model is presented in 2 Parts as ;- Part 1 : Background to Design a Model. Part 2 : Geometric Model design and Solution =========================================================== CONCEPTS DERIVED :- 01. DOMESTIC INVESTMENTS THROUGH DOMESTIC SAVINGS – EXOGENOUS CIRCLE. (INDIVIDUAL / CORPORATE / GOVERNMENT, EVEN THOUGH FOREIGN TO START WITH) 02. DOMESTIC HUMAN POTENTIAL TO MAN THE DOMESTIC TECHNOLOGY - ENDOGENOUS CIRCLE. (LATEST TECHNOLOGY MODERATED TO SUIT LOCAL ENVIRONMENTS). 03. SYNCHRONISE EXOGENOUS AND ENDOGENOUS CIRCLES & OPTIMISE THEIR DIMENSIONS. Universallly Applicable to All Developed/Developing/Under-Developed Nations. ============================================================ These Concepts and the Inferences are supported with a number of Geometric derivations, Bibliography, Diagrams, International Experience supports, Opinions of the viewers, Schematics and Slide show in the Author’s Website :

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Paper provided by EconWPA in its series Macroeconomics with number 0403018.

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Date of creation: 31 Mar 2004
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Handle: RePEc:wpa:wuwpma:0403018

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Keywords: Development Acceleration; Economic Development; Developed; Developing; Ecometric Model; Investment; Manpower; Savings; Social development; Socio-Economic Development; Technology; Under Developed;

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