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  3. Vol. 16 No. 3-4 (1991): Africa Development: Spécial Issue - The International Economy and Africa's Economy Recovery
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Vol. 16 No. 3-4 (1991): Africa Development: Spécial Issue - The International Economy and Africa's Economy Recovery

Issue Published : February 8, 2022

5 - State Intervention versus the Market: A Review of the Debate

https://doi.org/10.57054/ad.v16i3-4.2709
Shehu Yahaya

Corresponding Author(s) : Shehu Yahaya

no-reply@codesria.org

Africa Development, Vol. 16 No. 3-4 (1991): Africa Development: Spécial Issue - The International Economy and Africa's Economy Recovery
Article Published : June 14, 1991

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Abstract

La remise en question de l' intervention de l'Etat dans la stratégie d'une industrialisation de substitution aux importations a été engendrée par l'échec de l'application de la théorie néo-classique à la pauvreté et au sous-développement des pays en développement dans les années 1950 et 1960. Auparavant une intervention massive de l'Etat même dans les pays capitalistes en développement a été considérée comme nécessaire à la réussite des politiques et programmes généraux fondés sur la modification des mécanismes du marché . Les raisons de cet échec ont été diversement interprétées par les différentes écoles d'économie politique, notamment par l'école radicale pour que l'échec de l'intervention de l'Etat dans cette stratégie doit être chercher dans les rapports entre la bourgeoisie locale et le capital international. S'il est normal de remettre en question l'intervention de l'Etat au vu des résultats obtenus jusqu'à présent , il est cependant important que l'Etat continue à intervenir dans cette stratég ie, particulièrement dans les pays en développement.


 

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Shehu Yahaya 1991. 5 - State Intervention versus the Market: A Review of the Debate. Africa Development. 16, 3-4 (Jun. 1991). DOI:https://doi.org/10.57054/ad.v16i3-4.2709.
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Author Biography

Shehu Yahaya

Prior to his appointment as the Chairman of the Board of Directors of Development Bank of Nigeria Plc (DBN) in March 2017, Dr. Yahaya was the Bank’s Interim Managing Director.He has an outstanding career in the Academia and Development Finance, having held several management and executive roles, including Executive Director at the African Development Bank and member, Monetary Policy Committee of the Central Bank of Nigeria.Before joining the African Development Bank, he served as Deputy General Manager at Nigeria Export-Import Bank (NEXIM).  He was a lecturer in Macroeconomist at the Department of Economics in University of Sussex, UK and Head of Economics Department in Bayero University kano, Nigeria.

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Africa Development

 

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