§ 59. Mr. John MarshallTo ask the Secretary of State for Foreign and Commonwealth Affairs whether his Department has sponsored any studies of the role of a social market economy in fostering economic development in the Third world.
§ Mrs. ChalkerMy Department has sponsored a number of studies on the role of the market economy in fostering economic development in developing countries. We believe that it is only through sound market-oriented economic policies and encouragement of the private sector that these countries will achieve sustainable economic growth.