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COORDINATION ECONOMICS, POVERTY TRAPS, AND THE MARKET PROCESS: A NEW CASE FOR INDUSTRIAL POLICY?

Domenii publicaţii > Economie + Tipuri publicaţii > Articol în revistã ştiinţificã

Autori: Bogdan Glavan

Editorial: Robert Higgs, Independent Review, 13(2), p.225-243, 2008.

Rezumat:

Development economists have argued that large-scale industrial policy is the best remedy to correct the “coordination failure” they claim prevents market economies from making the complementary investments needed to lift poor countries out of poverty. At the root of their argument is a misunderstanding of the entrepreneur’s role in fostering economic growth.

Cuvinte cheie: capcana saraciei, esec de coordonare, "big push", politica industriala, esec de piata // poverty traps, coordination failure, big push, industrial policy, market failure

URL: http://www.independent.org/publications/tir/?issueID=55