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

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Author Info
DR. VSR. SUBRAMANIAM

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Abstract

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 : www.drvsrs.com

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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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Web page: http://129.3.20.41

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

Find related papers by JEL classification:
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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