Medium-term plan for 1980-1983

Abstract

Two major aspects of planned development and economic growth which are expected to call for serious attention are the concept and operational meaning of absorptive capacity. It is possible that, as the list of countries endowed with industrial raw materials exploitable for export lengthen and as abrupt increases in national foreign exchange resources take place, the question of absorptive Capacity will loom larger than the problems of exiguous foreign exchange supplies. Associated with this shift is likely to be that of the mobilization and redeployment of resources, and it is essential to point out here that resources include skilled and unskilled manpower, natural resources and technology, as well as finance.