1887

The Management of Technological Change

Background Papers Prepared for a Commonwealth Working Group

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English

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The Choice of Industrial Techniques in Developing Countries

A major purpose of this paper is to consider whether, other conditions being met, the range of extant industrial techniques is sufficiently large and sufficiently dense to make optimal choices possible. This raises questions about the operational meaning of optimality. It also raises questions as to why the most desirable techniques might not be chosen, and of policies that might improve choice.

English

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