Account for the existence of centralized planning in developing countries.
- Focused and unified development vision
- Clear chains of command because everyone knows who to report to.
- Ease mobilization of development funds from donors and development partners
- Saves time through quick implementation of decisions since a few specialized people are involved in decision making
- Eliminate duplication of work leading to reduced costs
- Minimizing wastage of resources
- It coordinates sectoral development
- It helps in sequencing of operation as there close supervision
- It helps in equitable distribution of resources
- Saves money on skilled manpower
- It ensures protection of national interests that cannot be handled at local levels.
- It emphasizes proportionality and compatibility.
CATEGORIES Economics
TAGS Dr. Bbosa Science