economic planning and policy :objective and strtegies of planning :failures and achievement of planning and policy interface
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State development planning or national planning entails macroeconomic policies and financial planning conducted by governments to stabilize the market or promote economic growth in market-based economies.
Economic Planning. Planning is defined as conceiving, initiating, regulating and controlling economic activity by the state according to set priorities with a view to achieving well-defined objectives within a given time.
One of the most important functions of economic planning is to achieve consistency among different economic objectives. Some desirable goals are likely to conflict with others.
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