1994 | OriginalPaper | Chapter
Market Forces and Development
Author : Peter Smith
Published in: Market Forces and World Development
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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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’.