Goal programming and long range planning in underdeveloped countries
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The main purpose of this research is to develop a macroeconomic development model of Thailand. The goal programming technique is used to solve this model. Planning for economic and social development, especially in underdeveloped countries, is based on limited scarce capital and natural resources. Thus, In order to utilize most efficiently the scarce capital and natural resources, development goals must be established in apiierarchical order of ImportanceT) The goal with highest priority must be satisfied before lower priority ones are considered.