Definition, Meaning & Synonyms
dirigiste
adjective
/ˌdɪrɪˈʒiːst/
Definition
A policy or practice where the state exerts strong directive control over the economy, often directing certain sectors or industries to achieve specific outcomes.
Examples
- The dirigiste policies adopted by the government aimed to stimulate growth in struggling industries.
- In a dirigiste economy, state intervention is common to achieve national goals.
Meaning
The term relates to an economic system in which the government has substantial control over investment decisions and the economy, aiming to guide its development and ensure stability.
Synonyms
- Interventionist
- State-controlled
- Regulatory
