Collapse of Development Planning (The Political Economy of the Austrian School) by Peter J. Boettke
English | 1994 | ISBN: 0814712169 | 342 Pages | PDF | 127 MB
Conventional wisdom has it that government management of the economy is the means to transform a backward economy into a dynamic, modern one.
Yet, after decades of international aid programs, development planning is today largely perceived as a failure paralyzed by its own bureaucracy and inefficiency. Despite billions of dollars of investment, development successes are few and far between and waste and mismanagement abounds. This book showcases a diverse range of development experiences in order to ascertain the reasons for this quagmire. Case studies of development planning in China, India, post