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Rif1979, once and for all no one is contesting markets economics.
It is by far the best system to insure a large production of goods and services.
HOWEVER, when a country is trying to build a solid economy, trying to develop or save entire industries, you need to take protective mesures.
You can't develop such industries when you have goods from all over the world flooding your market. Local industries need time and space.
This is was Japan's recipe, same for Korea, Malaysia etc etc
If Algeria's industrialisation in 70s was not a success it is not because of the objective, but because the private sector was not associated in the process.
It is diferent now. The objective is to offer the private sector the best possible conditions.
It is by far the best system to insure a large production of goods and services.
HOWEVER, when a country is trying to build a solid economy, trying to develop or save entire industries, you need to take protective mesures.
You can't develop such industries when you have goods from all over the world flooding your market. Local industries need time and space.
This is was Japan's recipe, same for Korea, Malaysia etc etc
If Algeria's industrialisation in 70s was not a success it is not because of the objective, but because the private sector was not associated in the process.
It is diferent now. The objective is to offer the private sector the best possible conditions.
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