Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: The social transformation for national development / P.C. Mahalanobis, Indian Statistical Institue - Calcutta - India

Collection:: Economics Books

1074 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA he is using the land efficiently, and to secure to him the right of fair compensation upon termination of the lease for all unex- hausted improvements made by him. It is also necessary to eliminate the unproductive consumption of the surplus from land by intermediaries and landlords, who have no productive functions, by abolishing their rights. 5-4. The question of economy of scale of production may, admittedly, introduce difficulties. The breaking up of large farms may lead to a reduction of the surplus; however, the beneficial effects of greater equality of income and wealth may compensate for the other loss. Also, in countries where there are too many cultivators, often with scattered plots, further breaking up of the holdings may easily have adverse effects on the efficiency of production. In such a situation it may be necessary to promote consolidation of holdings either volun- tarily through cooperative, or by legislation, or both. Redi- stribution of land has limits and is a complicated question. It is wise to recognize that steps taken at one stage may have to be reversed at a later stage. Appropriate measures must be devised to suit the needs of each country at any particular stage of development. The basic aim would always remain the same, namely, to increase the agricultural surplus, and to use it for productive purposes, as effectively as possible, in speeding up the growth of the economy as a whole. 5.5 Removal of social, economic, legal and political bar- riers: The underdeveloped countries have the very difficult task of achieving a far faster rate of growth than had been achieved by the most advanced countries during and after the industrial revolution. It is indispensable that every one in the working age-group should be fully utilized to increase the na- tional product. It is necessary, therefore, to remove all social, economic, legal and political barriers which prevent individuals, or groups and sections of individuals, to become fully produc- tive. Conditions are worst in a country stratified by caste, colour, creed or language. and where whole sections of people [14] Mahalanobis I - pag. 6

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