1. APPLICABILITY OF UNBALANCED
GROWTH
STRATEGY TO
UNDERDEVELOPED COUNTRIES
BY:
Piyush Khanna

2. INTRODUCTION
 Meaning and Features of Underdeveloped
Countries
 Concept of Balanced Growth
 Concept of Unbalanced Growth

3. HIRSCHMAN’S STRATEGY
 Unbalancing the Economy with Social Overhead
Capital
 Unbalancing the Economy with Directly
Productive Activities.
 Linkages
Forward Linkages
Backward Linkages

4. STRATEGY TO
UNDERDEVELOPED COUNTRIES
APPLACABILITY NON-APPLACABILITY
 Utilization of Resources  Inadequate Attention to
 Within the Capability of the Direction
Underdeveloped Countries  Emergence of Inflationary
 Reduction in Costs Pressure
 Consider Planning  Lack of Basic facilities
 Lack of Factor Mobility

5. UNBALANCED
GROWTH….WHY?
 State Plays an Important Role in Encouraging
SOC
 Consider Scarcity of Resources in
Underdeveloped Countries
 Inducement of Investment

6. CONCLUSION