Economics of development and planning / A. N. Agarwal | Kundan Lal

Part-I: Perspective on development and underdevelopment;
1. Development: Meaning and indicators;
2. Development: process and measurement;
3. Underdevelopment: nature and problem;
4. Underdevelopment: vicious circle of poverty and low-level equilibrium trap;
5. Underdevelopment: dualism and circular and cumulative causation;
6.Underdevelopment: centre-periphery divergences and dependency relations;
7. Objectives and dilemmas of development;
8. Factors of economic development.
Part-II: Theories and strategies;
9. Classical theory;
10. Adam smith's theory;
11. Ricardo's theory;
12. Malthusian theory;
13. Marxian theory;
14. Neoclassical theory;
15. Schumpeter's theory;
16. Rostow;s theory;
17. Keynesian economics and development;
18. Big push strategy;
19. Critical minimum effort;
20. Balanced growth strategy;
21. Unbalanced growth strategy;
22. Development with surplus labor;
23. Development with unlimited supplies of labour;
Part-II: Development: Problems and policies;
24. Industrial development;
25. Development of agriculture;
26. Capital formation;
27. Technology and technological change;
28. Rapid population-growth;
29. Massive poverty;
30.Human capital;
31. Financing development;
32. Foreign;
33. Foreign direct investment;
34. Trade and development;
35. Environmental degradation;
36. Market and state;
Part-IV: Planning: Principles and techniques;
37. Planning: concept and character;
38. Planning; Need and underdevelopment;
39. Types of planning;
40. Price-mechanism and planning;
41. Instruments of planning;
42. Choice of techniques;
43. Capital-output ratio;
44. Investment-criteria;
45. Linear programming;
46. Input-output analysis;
47. Cost-benefit analysis;
48. Requisites for successful planning.

The book, in its third edition, has been thoroughly revised and updated in the light of the latest material available on the subject. Three new chapters have been added to discuss the issue of massive poverty in the less- developed countries, the role of market and state in development, and instruments for the implementation of plans. Besides, chapters on the meaning and indicators of development, as also on the concept and features of planning, have been recast keeping in view the recent developments in the theory and practices of development-planning.