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    Dirigisme or dirigism (from French diriger 'to direct') is an economic doctrine in which the state plays a strong directive (policies) role, contrary to a merely regulatory interventionist role, over a market economy. As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role โ€ฆ See more

    Before the Second World War, France had a relatively fragmented capitalist economic system. The many small companies, often family-owned, were โ€ฆ See more

    Economic dirigisme has been described as an inherent aspect of fascist economies by Hungarian author Iván T. Berend in his book An Economic โ€ฆ See more

    Dirigisme is seen in India after the end of British rule from 1947 with domestic policy tending towards protectionism, a strong emphasis on See more

    โ€ข Cohen, Élie (1992). Le Colbertisme "high tech" : économie des Telecom et du Grand Projet. Paris: Hachette. ISBN 2-01-019343-1.
    โ€ข Sharma, โ€ฆ See more

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    In France dirigisme took the form of indicative planning, which entailed government credit policies and subsidies, developing new technologies, and the regulation of employment overseen by a special planning commission, the Commissariat au Plan.
    In French political and economic history dirigisme is associated with Charles de Gaulle and was represented as an alternative to the Soviet model of a command economy and the U.S. model of a laissez-faire economy.
    The idea of dirigisme is to complement and improve the efficiency of the market through indirect planning intended to provide better information to market participants.
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    Dirigisme was also largely blamed for the bursting of the Asian bubble economy in the late 1990s. Financial crisis and recession in Japan was seen to have been a result of its failure to change long-established institutional patterns of behaviour. In South Korea, state activism in the market economy was considered as crony capitalism.