ABSTRACT
The planning exercise does not stop at the most aggregate level with the setting of a GNP growth target and the calculation of required investment, savings and foreign capital inflows. As mentioned earlier, the whole process proceeds in stages, and the second stage of the planning exercise usually involves a further breakdown of the plan to cover a number of strategic sectors of the economy. The economy is the sum of the individual sectors, so the target growth of GNP will imply specific rates of growth for the component sectors. The second stage therefore involves the translation of the overall growth target and investment requirements into sectoral growth targets and investment requirements. This is the concern of disaggregated consistency models. In this chapter we consider two such models: the main-sector model and the multi-sector model.
