What Is the Rational of Planning for Development in Developing Countries
Among the various purposes oor reasons for developmemt planning in
developing countries include, market failures, foriegn aid, resource
mobilisationand allocation, attittudianl or psychological impact, the
need to get direction, to measure progress, nation building through
public participation, to avoid conflicts and prevent resource from
being wasted and intergration of markets. Thirwall (1999) and Dubell
(1981) agrees that planning is used as an instrument by which
development is accellerated. Development planning is the progreess
procedure , that is intended to be followed step by step in a …show more content…
Thirwall (1999) notes that foriegn aid act as a
catalystfor forign investments and loans from international
institutions.generally development planning promotes develoiping
nations to attain forign aid from U.S.A, Canada and other developed
countries. todaro (1994) argues that donors are persuaded in telling
them that their money willbe used as an essential ingredient in a well
conceived and internally consistent plan of action. futher morethe
formulation of a detailed development plan is necessary for a receipt
of bilateral and multilateral foreign aid. Thus the rationale for
development planning in developing nations is to attract foreign aid.
Planning prepares for research from other developed countries. Dubell
(1981) says planning is related to problem solving. Developing
nations should be in a position toresearch adequately on how other
developed countries progressed and techniques they used in order to
develop. Hutt et al (2005) suggest that planners should consider
their firm or country's strength, weaknesses, opportunities and
threats for its continued operations. Thirwall (19990 comments that
research provides some knowledge of what resources would be available
in relation to requirements within a stipulated period. Thus
development planning is important.
Moreover, planning for development provides direction to leaders and
followers to know where they are headed and where they are