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dirigisme |
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dirigisme [diːriːˈʒiːzəm] n (Government, Politics & Diplomacy) control by the state of economic and social matters [from French] dirigiste adj How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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An energetic new prime minister, Jacques Chirac--known as "the Bulldozer" for his determined style when mayor of Paris--has taken office on a platform that includes privatization, tax cuts, deregulation, and other sweeping assaults on the traditional practice of dirigisme, or state-directed development. As a result, both Korea and Mexico are in the middle of intense political struggles to defeat the still-powerful remnants of state dirigisme. Heather Smith (chapter 12) refutes the dirigisme inherent in revisionists' notion of Japanese (and Asian) neo-mercantilism: macroeconomic policy accounts for Japan's trade surpluses, not deliberate state initiatives. |
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