developmentalism
nounEtymology From developmental + -ism.
1
An economic theory which states that the best way for Third World countries to develop is through fostering a strong and varied internal market and imposing high tariffs on imported goods.
- Most fundamentally, Sachs argues, developmentalism advocates the wrong values. Under developmentalism, the economy dominates society rather than the more rational opposite.2006, Mark Mattern, Putting Ideas to Work, Rowman & Littlefield, →ISBN, page 325:
- Nevertheless, the strong political reasons which supported developmentalism had vanished before the World Bank made its diagnosis.2007, Costas Lapavitsas, Beyond Market-Driven Development, Routledge, →ISBN:
2 more examples
- By invoking developmentalism as more than a statist project for economic growth and one that is also led by an imperative to generate well-being among citizens, I focus on the discursive and other practices through which developmentalism is experienced as a condition, a mode of being and a lived experience.2014, Sumi Madhok, Rethinking Agency: Developmentalism, Gender and Rights, Routledge, →ISBN:
- When President Dwight Eisenhower took office in the United States in 1953, he took a decisive stand against developmentalism, which he regarded as a threat to the commercial interests of America's multinational companies.2017, Jason Hickel, “The Age of the Coup”, in The Divide […] , London: William Heinemann, →ISBN:
- Related terms
- developmentalist, neo-developmentalism