In this book Deepak Lal outlines and assesses the validity of a set of beliefs about third world economic development that underlies the thinking of many politicians, bureaucrats, journalists, and academics in both developing and developed countries. He describes the various elements of this "Dirigiste Dogma" and shows how it inevitably breeds corruption. According to Lal, only a market-based liberal economic order can solve the age-old problem of structural mass poverty. Its significant institutional bases include transparent financial systems and sufficiently deep financial markets to allow the hedging of foreign currency risk, and either a floating or rigidly fixed exchange rate.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Deepak Lal is the James S. Coleman Professor of International Development Studies at the University of California, Los Angeles.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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