François Perroux

Who was François Perroux?

François Perroux was a French economist. He was named Professor at the Collège de France, after having taught at the University of Lyon and the University of Paris. He founded the Institut de Sciences Economiques Appliquées in 1944.

He was terribly critical of the leading financial and economic policies toward the Third World during the half-century of his career. He said that they took insufficient account of the originality, culture, and concrete situations of the countries concerned, and were too quantitative, too Western in concept, and too centered on the interests of the rich industrialised countries. He counselled the peoples of the Third World to build upon their cultures, their social organisations, and their resources, so as to better the internal coherence of their economies and reduce the effects of domination by the exterior.

In the field of Regional Economics, one of his main contribution's was the concept of poles de croissance or 'growth poles'. It implied that Government policies aimed at the regeneration of a specific local region were critically dependent upon the Input-Output linkages associated with the industry.