This is an abstract of the kind of work I am doing. It’s just a work in progress but I hope the end result will be revolutionary:
The purpose of my paper is to propose a method of analyzing the sustainability of national development plans which are operational for a specified time frame. The inspiration for my undertaking is the frequency by which developmental plans of low income countries including Zimbabwe have failed to achieve their targets right from the start. This paper uses affordability, sustainability, resultant macroeconomic stability and the existence of economic destabilizing events as benchmarks in determining if a development plan is going to be successful. I analyze the structure of the national development plans implemented in a couple of African countries using my benchmarks. I explain why these development plans failed or succeeded. I propose the institutional, regulatory and legal reforms necessary for successful plans to be put in place. I propose a mechanism of making a quick analysis of future developmental plans to see if they are actually feasible or not. As a result I find that there is no clear and specific theory underlying development plans initiated in these countries. This is important because it makes the process of plan evaluation difficult to undertake. Therefore this means that the same mistakes will be repeated every time a new plan is crafted.
Development Economics is an issue I’m really interested about and I hope the kind of research I am doing will add positively to the current body of knowledge available.
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