Abstract
The theories discussed here consist of two complementary formulations originating in India and in the United Kingdom in the 1950s and 1960s. Both deal with investment planning when development starts with virtually no capital goods industry. Thus they represent an expansion of the model of the Soviet economist Fel’dman, since in the latter case the economy did possess an investment sector albeit in a limited dimension (Fel’dman, 1928a, 1928b).
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© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Halevi, J. (1990). Investment Planning. In: Eatwell, J., Milgate, M., Newman, P. (eds) Problems of the Planned Economy. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20863-0_17
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DOI: https://doi.org/10.1007/978-1-349-20863-0_17
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