Word: gilboy
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Dates: during 1950-1959
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Underdeveloped countries also have to overcome difficulties in formulating tables to use for planning. Although their economies are relatively uncomplicated, problems do arise in the collection of data, according to Mrs. E. W. Gilboy, assistant director of the Research Project and lecturer in Economics. Another difficulty for them is collecting funds for purchase of the giant computers necessary to construct the chart after the data is secured. Spain, which set up a table several years ago, had to send information to Italy, where computer work was done on Italian machines...
About every 18 months, the Project prints a report on research to date, which has been sent free to interested people all over the world. The demand for these reports has become so great recently. Mrs. Gilboy remarked, that soon some charge will have to be made. Leontief plans to publish a series of small volumes to present the results of research made since 1953, when his last book (The Structure of the American Economy) on the project, was released...
...Massachusetts Ave., near the Law School also serves as a training center for interested visitors from foreign countries. Both Ford and Rockefeller Foundations assign Fellows to study research being conducted by the Project for periods extending from three to six months. Private groups also sponsor visitors. According to Mrs. Gilboy, the growing number of these students is beginning to tax facilities of the Project. Both working space and staff assistance are available to the Foundation-sponsored Fellows...
...small-scale table that the Department plans, Mrs. Gilboy pointed out, is not really adequate for an economy as large and diverse as this country's. One with at least 450 industrial sectors is needed. Only the government or large scale industries could afford the million dollar cost of such a project. One reason for the government's lack of enthusiasm seems to be a general fear of "centralized planning...