Tested program for Third World economic development
Journal Article
·
· Am. J. Econ. Sociol.; (United States)
OSTI ID:5286747
Some of the responsibility for the inability of Western-oriented Third World Countries (1) to make democratic economic institutions work rests upon advisers to American and international financial institutions who recommend principles of economic growth distilled out of Keynesian recipes for an over-saving Western society of the 1930s, and out of aspects of American experience with no applicability elsewhere. Applicable aspects of U.S. experience suggest a program relying on capitalistic drives and using fiscal and monetary policy of the type that proved useful in the development of democratic capitalism in the U.S. in the 19th century.
- Research Organization:
- Univ. of Oregon, Eugene
- OSTI ID:
- 5286747
- Journal Information:
- Am. J. Econ. Sociol.; (United States), Vol. 36:2
- Country of Publication:
- United States
- Language:
- English
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