Unformatted text preview: 3. (a) Explain the prerequisites for successful planning. (b) Discuss the main features of medium and long-term development plans. 4. Suppose you are employed as a planning expert in an organization. And you have been engaged in the design and subsequent development of a development plan. What are the main elements of a development plan? 5. Suppose country X plans to reduce the headcount poverty from 30 to 20 per cent and the poverty elasticity of growth in this country is -0.5 (which shows the percentage change in poverty in response to an economic growth rate of 1 percent). What should be the target growth rate for this country? (Assume inequality neutral growth). 3...
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- Winter '16