98 SOCIAL SCIENTIST
(a) Self reliance in the matter of balance of payments, and in the matter of domestic savings financing domestic investment as far as possible.
(b) Macro balance between aggregate demand and aggregate supply, which requires, inter alia, fiscal discipline and fiscal balance, which in turn calls for a concerted drive against untaxed incomes.
(c) The meshing of medium term adjustment with a long term development strategy which has as its starting point the raising of the level of skill of the entire population, which requires, in turn, focus on employment, on education, on health care, etc.
All this is a far cry from the hasty attempt at 'opening up* of the economy and premature *globalisation', which means in effect, the perpetuation of under development in a framework of 'unequal* trade. We need not be afraid of globalisation at a future date, but before that, we must raise the level of our skills, productivity and efficiency generally. To the extent that this is essentially what long term development planning really seeks to achieve, we must mesh our medium term adjustment programme with the long term strategy of development. Such a strategy may also imply an employment intensive path of development in the near future, as part of the adjustment programme.