Who was the first exponent of ‘Rolling Plan’?
2021
Who was the first exponent of ‘Rolling Plan’?
- A.
Domar
- B.
Mahalanobis
- C.
Gunnar Myrdal
- D.
K. C. Niyogi
Attempted by 14 students.
Show answer & explanation
Correct answer: C
The Rolling Plan concept was first proposed by Gunnar Myrdal. This approach suggests that economic planning should be continuous and flexible, allowing for adjustments based on changing circumstances rather than adhering to rigid fixed periods. It is a significant contribution to development economics literature.