dirigismo
Dirigismo is an economic policy approach in which the state plays a proactive role in directing economic activity. The term, often associated with French political economy, describes a form of state-led development in which government planning, coordination, and influence aim to steer investment, technology, and production while market forces continue to operate.
Key features of dirigismo include the use of development plans or strategic targets, specialized agencies to
Dirigismo emerged in various forms after World War II, especially in economies undergoing reconstruction or trying
Critics argue that dirigismo can generate inefficiency, misallocation, and fiscal burdens, and may crowd out private