Development plans form one of the bases from which a development process starts. One of the problems encountered is that a large variety of action parameters in the political and economic spheres have to be taken into account in the drafting of a plan and in structural analysis. The problem of...

Economic planning is a term used to describe the long term plans of an incumbent government to manage the economy. 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...