This article is based on a paper prepared by the author for the UCLA-INSEAD Seminar at Fontainebleau, France, in September 1964. The seminar was supported by the McKinsey Foundation for Management Research, Inc.
2.
See also the final version: SaracenoP., Elementi per un piano economico, 1949–1952 (Roma: Centro di Studi e Piano Tecnico-economici, nr. 9, Sept. 1949).
3.
For the methodological approach and some numerical results, see my “Complementarity and Long-Range Projections,”Econometrica, XXIV:4 (Oct. 1956).
4.
NicholsonH., Diplomacy (Oxford: Oxford University Press, 1955), p. 136.
5.
Britain and Europe (London: The Economist Intelligence Unit, 1957).
6.
See BjerveP. J., Planning in Norway, 1947–1956 (Amsterdam: North-Holland, 1959), p. 383.
7.
Up to 20 per cent of a firm's taxable income may be added taxfree to the firm's reserves for investment purposes if deposited with the Central Bank. The deposits are released within four years at a time chosen by the government.
8.
SteinerGeorge A., ed., Managerial Long-Range Planning (New York: McGraw-Hill Book Company, 1963), pp. 44–48.