indicative planning

a method of controlling the economy that involves the setting of long-term objectives and the mapping out of programmes of action designed to fulfil these objectives, using techniques such as INPUT-OUTPUT ANALYSIS. Unlike a CENTRALLY PLANNED ECONOMY, indicative planning works through the market (PRICE SYSTEM) rather than replaces it. To this end, the planning process specifically brings together both sides of industry (the trade unions and management) and the government.

The only occasion when indicative planning was attempted in the UK was in 1965 when a NATIONAL PLAN was formulated (which set a target economic growth for the UK economy of 3.8% over the period 1964–70) and employed a variety of planning agencies (the NATIONAL ECONOMIC DEVELOPMENT COUNCIL and Economic Development Committees (EDCs) for individual industries) to provide national as well as industry-by-industry coordination. The National Plan itself, however, was abandoned in 1966 after being overtaken by events (a balance-of-payments crisis resulting in a deflationary package of measures) but the NEDC and the EDCs have continued to function on a less formal basis. By contrast, the French and Japanese have used indicative planning continuously since the 1950s. See INDUSTRIAL POLICY.

单词	indicative planning
释义	indicative planning indicative planning a method of controlling the economy that involves the setting of long-term objectives and the mapping out of programmes of action designed to fulfil these objectives, using techniques such as INPUT-OUTPUT ANALYSIS. Unlike a CENTRALLY PLANNED ECONOMY, indicative planning works through the market (PRICE SYSTEM) rather than replaces it. To this end, the planning process specifically brings together both sides of industry (the trade unions and management) and the government. The only occasion when indicative planning was attempted in the UK was in 1965 when a NATIONAL PLAN was formulated (which set a target economic growth for the UK economy of 3.8% over the period 1964–70) and employed a variety of planning agencies (the NATIONAL ECONOMIC DEVELOPMENT COUNCIL and Economic Development Committees (EDCs) for individual industries) to provide national as well as industry-by-industry coordination. The National Plan itself, however, was abandoned in 1966 after being overtaken by events (a balance-of-payments crisis resulting in a deflationary package of measures) but the NEDC and the EDCs have continued to function on a less formal basis. By contrast, the French and Japanese have used indicative planning continuously since the 1950s. See INDUSTRIAL POLICY.
随便看	directory of biotechnology resources directory of british associations directory of canadian universities directory of chemical producers directory of community, industry and tourism australia directory of community services directory of consulting practices directory of counselling and psychotherapy directory of cult research organizations directory of degree and certificate programs directory of design support methods directory of european security information standard requirements directory of grant making trusts directory of laboratory services directory of office telecommunications policy directory of online resources for information literacy directory of open access journals directory of open access repositories directory of organizational technical report acronym codes directory of rare analyses directory of world chemical producers directory order transmission system directory path directory publishers association directory replication agent