Developmental State View

A view of economic development holding that capital markets cannot provide the necessary liquidity and growth for development without significant government intervention. The developmental state view advocates that, at minimum, a government in a developing country should coordinate resource allocation with the private sector. Others contend that the government should conduct resource allocation itself. Economists disagree on how well the developmental state view works.

单词	developmental state view
释义	Developmental State View Developmental State View A view of economic development holding that capital markets cannot provide the necessary liquidity and growth for development without significant government intervention. The developmental state view advocates that, at minimum, a government in a developing country should coordinate resource allocation with the private sector. Others contend that the government should conduct resource allocation itself. Economists disagree on how well the developmental state view works.
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