BEARI FORMULA, AND NATIONAL ECONOMIC DEVELOPMENT
Keywords:
Beari Formula, Lead Sectors, Linkage effect, Collaboration, Intermediary, Producer – consumer and Gap in knowledge, Government expenditure, Deceit theory and Chain of CausationAbstract
The Beari formula is an administrative formula designed to stimulate and reinvigorate ailing economy to stabilize, grow and develop simultaneously in line with the planned economic objectives. The formula is a technique that is practically oriented. This is because there is an inherent monitoring, supervising and evaluation in the system. In conclusion therefore, the activities of Beari formula will transform the rural areas into urban cities.