Abstract
This article examines the theoretical foundations and applied problems of domestic price regulation in developing countries. Starting from the French experience, where price controls emerged in post-war scarcity and were abolished only after 1986, the author argues that price regulation in developing economies is not merely an anti-inflationary instrument but a fundamental component of economic and social equilibrium. Two questions structure the analysis: the relationship between price regulation and the level of development, and the original features such regulation acquires under conditions of scarcity. Drawing primarily on the cases of Benin and India, the study identifies economic criteria (price level, producer behaviour, market structure) and social criteria (social use of goods, equity, power relations) underlying regulation. It develops a typology of regimes — taxation, price frameworks, limited margins, controlled and supervised freedom — together with the notion of "legitimate cost price," and stresses the search for social equilibrium among suppliers and demanders.
Recommended Citation
Courtheoux, Jean-Paul
(1990)
"Some Theoretical Analyses and Applied Problems of Domestic Price Regulation in Developing Economies,"
Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management): Vol. 9:
Iss.
2, Article 9.
https://doi.org/10.66499/2665-7112.1637
Available at:
https://scholarhub.univh2c.ma/remadeg/vol9/iss2/9
DOI
10.66499/2665-7112.1637