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Author:Shuklian, S.
Title:Economic development and the myth of laissez faire, or market-based economic policies promote economic development.
Journal:Scandinavian Journal of Development Alternatives
1999 : JUN/SEP, VOL. 18:2-3, p. 167-176
Index terms:Economic policy
Economic history
Market economy
Germany
France
Language:eng
Abstract:This paper challenges the belief that laissez faire, or market-based economic policies promote economic development. When examining the cases of Germany and France in the 19th century, extensive state intervention was necessary to promote economic development.
SCIMA record nr: 199807
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