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Planning in Practice
ECONOMIC REFORMS AND THEIR IMPACT ON PLANNING
INDICATIVE PLANNING IN FRANCE
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achieved adjustments agents aggregate allocation annual plan balance behaviour bonus bonuses branches calculations centralised centrally planned economies changes Chapter coefficients Commission competitive computational constraints costs counter-plan decentralised decisions demand detailed discussion economic planning economic reform enterprise director equilibrium example expected exports firm's firms five-year plan forecasting France Gosplan gross output growth households Hungarian Hungary important incentive system income increasing indicative planning indifference curves individual industry input input—output instruments investment Kornai labour macroeconomic maximise ment messages ministries objective function operation optimal organisations outcome output targets over-all overfulfilment Pareto efficient Pareto optimality particular perfect competition plan construction plan fulfilment plan implementation plan period planners planning procedure planning process planning system problem production possibilities profits projects proposed regulators result returns to scale role sector Soviet Council Soviet Union supply theory tion trade traditional variables wage