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  1. Dirigisme

    Dirigisme or dirigism is an economic doctrine in which the state plays a strong directive role, contrary to a merely regulatory or non-interventionist role, over a market economy. As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing productive inefficiencies and market failures. Dirigiste policies often include indicative planning, state-directed investment, and the use of market instruments to incentivize market entities to fulfill state economic objectives. The term emerged in the post-World War II era to describe the economic policies of France which included substantial state-directed investment, the use of indicative economic planning to supplement the market mechanism and the establishment of state enterprises in strategic domestic sectors. Wikipedia

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  2. en.wikipedia.org

    Dirigisme or dirigism (from French diriger 'to direct') is an economic doctrine in which the state plays a strong directive (policies) role, contrary to a merely regulatory or non-interventionist role, over a market economy. [1] As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing productive inefficiencies and market ...
  3. britannica.com

    dirigisme, an approach to economic development emphasizing the positive role of state intervention.The term dirigisme is derived from the French word diriger ("to direct"), which signifies the control of economic activity by the state. Preventing market failure was the basic rationale of this approach. Dirigisme was introduced in France following World War II to promote industrialization ...
  4. The idea of dirigisme is to complement and improve the efficiency of the market through indirect planning intended to provide better information to market participants. This concept is held in contrast to a planned economy, which aims to replace market-based allocation of production and investment with a binding plan of production expressed in ...
  5. quickonomics.com

    Apr 7, 2024Dirigisme, on the other hand, may still allow for a large private sector but with the state directing economic activity through planning, subsidies, regulations, and sometimes partial ownership of key industries. Dirigisme therefore operates within a capitalist framework, directing and influencing the market rather than replacing it.
  6. financialfalconet.com

    Another key difference is that dirigisme is more lenient about market forces than socialism. This means that the government can intervene in the economy if necessary to promote stability or growth. Dirigism is more focused on the individual than socialism is, and it emphasizes efficiency over social justice. This makes dirigisme a better choice ...
  7. encyclopedia.com

    The counterpart to the economic doctrine of laissez-faire, dirigisme refers to an economic system dominated by state control of the market economy. Technically, the concept does not refer to the centrally planned economies of the former Soviet bloc, but to basically capitalistic economies that have extensive regulations and controls throughout ...
  8. library.fiveable.me

    Dirigisme is an economic doctrine where the state plays a central role in controlling the economy, directing investment, and regulating key industries. This approach emerged prominently in France after World War II, as governments sought to rebuild and modernize their economies in the aftermath of the devastation caused by the war. By emphasizing state intervention, dirigisme aimed to balance ...
  9. economicstermslexicon.com

    Oct 5, 2023Dirigisme has its roots in various historical and cultural contexts, prominently appearing in French economic policies post-World War II. The idea was to mix state control with market economies to stimulate industrial growth, economic recovery, and social welfare programs. Definitions and Concepts
  10. academia.edu

    Both highlight dirigisme's adaptability to varying contexts. Conclusion Dirigisme remains a dynamic and context specific economic philosophy. Its continued relevance in diverse political and economic environments demonstrates its adaptability and utility. However, balancing state control with market freedom is crucial for its long term success.

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