Developmentalism

Quick meaning: Developmentalism is a noun meaning 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.

Meaning

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.

Example Sentences

Nevertheless, the strong political reasons which supported developmentalism had vanished before the World Bank made its diagnosis.

Most fundamentally, Sachs argues, developmentalism advocates the wrong values. Under developmentalism, the economy dominates society rather than the more rational opposite.

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.

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.

Related Words

Related dictionary entries include developmentalist, maldevelopment, stadialism, consumerism, distributionism, protectionism.

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