Limitations of the big push theory
- The strategy is a risky one in case of a catastrophy because a lot of loss likely to be registered.
- It emphasizes manufacturing in industries and ignores the pre-dominant role played by the agricultural sector, as a major employment provider and f exchange earner.
- It may not generate external economies of scale from the various production activities in the country.
- The strategy depends on government and needs government support through appropriate monetary and fiscal policies, yet these programmes are difficult to come by in LDCs.
- The theory relies much on state participation and does pay little attention to the private sector which can help in mobilizing savings and local investments.
- The massive investments and rampant losses are common with the Big push strategy.
- Inflation. The increased investments calls for an increase in money supply and yet this could be inflationary.
- Inadequate capital to finance the strategy is yet another obstacle towards the success of the programmes.
- Political instability common in LDCs too, limits the progress of the Big push strategy.
- Inappropriate planning is urgently required to ensure the success of the Big push programme.
- High levels of ignorance among the people, acts as a roadblock to the successful implementation of the Big push strategy in LDCs.
- The Big push strategy is also limited by the unpredictable prospects of attaining foreign assistance in form of foreign aid.