A note on new directions in planning

In: CEPAL review

Abstract

The author finds it surprising that free market thinking should have gained ascendancy as a response to the world's economic crisis in the 1970s, and he devotes a substantial part of the article to elucidating the aspects which could explain the unexpected ease with which it was possible to condemn the Keynesian approach as a failure and open the way to the full sway of monetarism. He also relates the development of political doctrine in the centres with the recent course of events in Latin America and the Caribbean