Why has planning often been unsuccessful in many less developed countries (LDCs)?

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Because these governments rely heavily on their former colonial rulersDue to the imposition of stringent regulations on the private sectorAs a result of significant losses from skilled professionals leaving the countryBecause agricultural sectors are controlled by monopolistic entities

Explanation

Planning in numerous LDCs has faltered not only because detailed public sector programs were not formulated but also because the private sector faced overly restrictive controls, hindering economic development.