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Assessing development plans performance in a free market state

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  • Konstandinos Mattas
  • Charalampos Charalampous

Abstract

In this study, an attempt is made to analyze the effects of development plans applied in Cyprus since the latter took its independence in 1960. Initially, these development plans concentrated in the agricultural sector which is considered to be the most important both to its contribution to total GDP and total exports. Both descriptive and econometric analyses are used to analyze the results of economic growth through development planning. The results indicate that economic growth through development planning in Cyprus was successful, according to the growth rates of the main indicators such as GDP, exports, productivity, and employment. Copyright International Atlantic Economic Society 1998

Suggested Citation

  • Konstandinos Mattas & Charalampos Charalampous, 1998. "Assessing development plans performance in a free market state," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 4(1), pages 83-94, February.
    • Handle: RePEc:kap:iaecre:v:4:y:1998:i:1:p:83-94:10.1007/bf02295238
    DOI: 10.1007/BF02295238
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    1. Graham, Douglas H & Gauthier, Howard & de Barros, Jose Roberto Mendonca, 1987. "Thirty Years of Agricultural Growth in Brazil: Crop Performance, Regional Profile, and Recent Policy Review," Economic Development and Cultural Change, University of Chicago Press, vol. 36(1), pages 1-34, October.
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