In one of his development plan, the Nobel leaurate Sir W. A. Lewis underscored that when we use the phrase “Development Programme we are usually thinking about such things as new schools, new hospitals, new factories and so on.” His 1966 book on “Development Planning” contains information on preparing projects, project analysis, annual schedules. Modern softwares such as Microsoft Project are now avaliable to do such tasks.
Please note that it important to distinguish between state controlled planing and market mechanism planning. State planning usually has objective functions for the redistribution of income. N. Kaldor defined GNP in terms of Profits and Wages and would have plans to tax profits. When we define GNP in terms of Consumption and Investment, we can then move into sectoral analysis such as putting investment before consumption. You will have to make these distinction in your method of administration. Broadly speaking you can start from a tickle-up or trickle-down perspective.
Development itself is a many-faced issue as well as public governance. I have discussed this complex phenomenon in my recent book (Himanen, V. 2014. Missing a Decent Living for Everyone; Success and Failure in 143 Countries) that can be downlowded from RG. I hope that my approach could aid you and I remain ready to answer any questions it can raise. ([email protected])
Book Missing a Decent Living for Everyone: Success and Failure in...
Interesting question. Developing countries obviously face different challenges than developed ones. In order to reach a highly innovative economy, the developing ones rely more on cooperation (between companies and research sphere), mainly because the companies have rather weak own R & D capabilities. Also, much can be achieved in developing countries by improving nonfinancial innovation factors (i.e. the organisation of work) rather than financial ones (which are more difficult to obtain).
If interested, you can see more in my papers, e.g.
- LEARNING FROM THE MOST INNOVATIVE: A COMPARISON OF SLOVENIA AND GERMANY
- Nonfinancial innovation factors as an opportunity for high and medium-high technology companies
Financial discipline, efficient utilization of resources, solve the basic challenges of life, protection of natural resources, pursuing an all-inclusive growth, pursuance of common goals and objectives