Projection of the Irish Economy to 1965. ESRI Memorandum Series No. 8 1960(?)

McGilvray, J. (1960) Projection of the Irish Economy to 1965. ESRI Memorandum Series No. 8 1960(?). [Policy Paper]

PDF - Published Version Download (2130Kb)

Abstract

In planning economic development, the responsible authorities normally do so with some specific objective or objectives in mind, such as a certain minimum per capita income, a certain level of employment, or a certain rate of growth. Though there might be little disagreement about the objectives, difficulties arise in realising them because of certain constraints, the most obvious of which, in the normal case, is the availability of labour and capital resources. Particularly in a free enterprise economy, there are other constraints which may affect the feasibility of the objectives, such as the balance of payments, the investment behaviour of businessmen and the savings habits of firms and persons.

Actions (login required)