Tag Archives for East Asia

Revisiting the developmental state 2: why have we seen so few developmental states?

The underlying political settlement within countries too often provides political elites with insufficient incentives to enact the institutional reforms needed for further growth and structural transformation The original developmental states of East Asia had one unifying economic characteristic: they witnessed almost uninterrupted rapid economic growth for well over four decades.  This is very different from what we have observed for … Continue reading

3 October 2017 by
Categories: SPERI Comment | Tags: , , , , | 1 comment