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The Role of Government

Economic Planning

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Economic Development
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Abstract

Only fifteen years ago, the subject of government participation in the development process was hotly debated in the economics literature. Advocates of planning were vigorously attacked by those who thought resources would be allocated more efficiently, and growth would be faster, if reliance were placed on market forces. Proponents of government intervention replied that market forces in the developing countries were not doing their job, since economic growth rates then were still rather low.

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Suggested Readings

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© 1979 C. Zuvekas

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Zuvekas, C. (1979). The Role of Government. In: Economic Development. Palgrave, London. https://doi.org/10.1007/978-1-349-16275-8_9

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