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Planning For National Development: An Agenda Guided By The Socioeconomic System'S Social Philosophy


  • stanley c. w. salvary


Co-operation among members of the world community is highly desirable, since it would be a step in the right direction to alleviate some of the world's problems. However, the current discussions on the harmonization of socio-economic systems and the globalization of trade goes beyond mere suggestions to the position that such a development is imminent and highly beneficial to the world community. For many countries being able to trade voluntarily with any country is highly desirable, but having to transform one's way of life to one single mode of operation poses far greater problems than those that currently are being experienced. This paper maintains that institutionalized macroeconomic planning, which can produce positive benefits to any and all societies, is the path that should be followed.

Suggested Citation

  • stanley c. w. salvary, 2005. "Planning For National Development: An Agenda Guided By The Socioeconomic System'S Social Philosophy," Macroeconomics 0506011, EconWPA.
  • Handle: RePEc:wpa:wuwpma:0506011 Note: Type of Document - pdf; pages: 24

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    References listed on IDEAS

    1. Betancourt, Roger R & Clague, Christopher K, 1978. "An Econometric Analysis of Capital Utilization," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(1), pages 211-227, February.
    2. Coen, Robert M & Hickman, Bert G, 1980. "Investment and Growth in an Econometric Model of the United States," American Economic Review, American Economic Association, vol. 70(2), pages 214-219, May.
    3. Chinloy, Peter T, 1980. "Sources of Quality Change in Labor Input," American Economic Review, American Economic Association, vol. 70(1), pages 108-119, March.
    4. Benston, George J, 1985. "The Validity of Profits-Structure Studies with Particular Reference to the FTC's Line of Business Data," American Economic Review, American Economic Association, vol. 75(1), pages 37-67, March.
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    More about this item


    globalization of trade; confron tational competition; managed trade; institutionalized macroeconomic planning; national economic policy de cisions.;

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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