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Market Forces and Development

In: Market Forces and World Development

Author

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  • Peter Smith

Abstract

The importance of market forces solutions (MFS) to the problem of promoting development scarcely needs illustrating; yet, despite the confidence with which such solutions are still being advocated, there is growing disquiet with both their practical effects and their theoretical underpinnings (Campbell, 1991; Smith, 1991a). Unfortunately, this opposition of confidence and disquiet has failed to generate effective dialogue, and this raises major questions — with serious implications for the way in which policy, explanation and action interrelate — about the failure of the two sides to enter into dialogue and resolve it ‘scientifically’.

Suggested Citation

  • Peter Smith, 1994. "Market Forces and Development," Palgrave Macmillan Books, in: Renee Prendergast & Frances Stewart (ed.), Market Forces and World Development, chapter 4, pages 58-74, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-23138-6_4
    DOI: 10.1007/978-1-349-23138-6_4
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