Introducing Systems Dynamics in National Planning
Wekwete, Naomi N.
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The purpose of this paper is to provide elementary knowledge of Systems Dynamics and to provide a brief indication of its advantages and shortcomings, as an approach to development in planning. The background of Zimbabwe, vis-a-vis the problems being faced by the nation as a whole are pointed out. Systems Dynamics is later introduced to familiarize readers with the concepts, and the need for its application in national planning is highlighted. The paper then brings out the advantages and disadvantages of using Systems Dynamics in the planning of the economy. It is to be emphasized that Systems Dynamics is not a substitute for conventional economic analysis, but that both approaches could be used to come up with more effective plans.