Vocabulary Builder — Essay & Answer Writing
dirigisme
noun
/ dee-reezh-EEZ-muh /
Hard
Meaning
An economic system in which the State exercises strong directive influence over investment and the market, rather than leaving it to private forces.
Origin / Etymology
From French 'diriger' (to direct), from Latin 'dirigere'.
Synonyms
statism
interventionism
central planning
state capitalism
Antonyms
laissez-faire
liberalisation
deregulation
free market
Example Sentence
"Economists debated whether India's post-1991 reforms marked a decisive break from the dirigisme of the licence-permit raj."
🎯 UPSC Usage
Deploy in GS Paper 3 answers contrasting the pre-1991 planned economy with liberalisation, and in essays on the role of the State in development. Pair it with the Nehruvian model, industrial licensing, and the shift toward market-led growth.
Relevant Subjects
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