Tag Archives for Revisiting the developmental state
New SPERI Paper: Revisiting the developmental state
We are pleased to publish a new SPERI paper edited by Matt Bishop and Tony Payne on ‘Revisiting the developmental state’. Originally published as a blog series late last year, the paper brings together a number of eminent experts on the subject: Kunal Sen, Shaun Breslin, Ziya Öniş, Valbona Muzaka, David Booth, Courtney Lindsay and Henry Wai-chung Yeung. The notion … Continue reading
Revisiting the developmental state 9: Conclusion
The East Asian developmental state was a phenomenon of its time that hasn’t been precisely replicated, but state developmentalism as a strategy for national insertion into the global order remains necessary Well, it turned out to be worthwhile revisiting the concept of the developmental state, didn’t it? Our contributors have performed splendidly in providing a succession of incisive yet pithy … Continue reading
Revisiting the developmental state 8: the new challenges of Asia’s latecomer industrialisation
Industrial policy needs to be rethought if it is to remain effective in promoting economic development in a highly globalised world economy When South Korea, Taiwan, and Singapore were ‘catching up’ through state-led industrialisation in the 1960s and the 1970s, their only benchmark was the first movers in the existing advanced industrialised economies. However, in the context of today’s intensified … Continue reading
Revisiting the developmental state 7: understanding the Mauritius ‘miracle’
What do the high levels of development and economic upgrading achieved by a small Indian Ocean island country tell us about the notion of the developmental state? Mauritius’ growth trajectory from a monocrop economy at its independence in 1968 to an upper-middle income and highly diversified economy today is frequently considered a miracle and has been described as ‘one of … Continue reading
Revisiting the developmental state 6: towards ‘developmental regimes’ in Africa?
The essence of contemporary African developmentalism lies less in the nature of the state and more in that of the regime, especially its capacity to pursue sound development policies A vital question in Africa right now is which of the countries that are growing economically and are reasonably conflict-free are going to break through into transformative development. In particular, which … Continue reading
Revisiting the developmental state 5: India and Brazil in the 21st century
Real and credible development in these countries means pursuing knowledge social economy visions that are genuinely autochthonous Focusing on India and Brazil in the context of renewed discussion of the developmental state may raise some eyebrows. For, unlike the successful catch-up of Japan and other East Asian ‘tigers’ with which that concept and its more recent reiterations have been associated, … Continue reading
Revisiting the developmental state 4: the ‘Beijing Consensus’ & prospects for democratic development in China and beyond
Whether China liberalises politically, as the original ‘Asian Tigers’ did, or maintains its authoritarian approach is an issue with theoretical and practical implications that resonate well beyond China’s own immediate development challenges A controversial issue in the longstanding debate on the developmental state concerns the relationship and the possible compatibility of rapid economic and industrial transformation with a democratic form … Continue reading
Revisiting the developmental state 3: Fitting China into the debate
The key questions are how much China’s hybrid state and market economic structure is really focused on development and whether it is sustainable Where you think you are can depend on where you came from. If you start mentally in the ‘liberal west’ and then go to China, the Chinese economy is much more state-guided and coordinated (and, indeed, state-owned) … Continue reading
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
Revisiting the developmental state 1: Introduction
It’s time to open up a new debate about the potential gains offered by this longstanding and core concept in the study of the political economy of development The bleak and grinding years of crisis and austerity in the West – symptoms of the decaying neoliberalism that may finally be reaching its endgame – have contrasted markedly with the spectacular … Continue reading
A review of the SPERI series, ‘Revisiting the developmental state’
Despite many changes in today’s modern global economy developmental states are needed more than ever In the fall of 2017, SPERI’s Matthew Bishop and Anthony Payne gathered essays from a group of nine development economists who produced essays on ‘Revisiting the developmental state’ (SPERI Paper No. 43). They drew upon a body of work published on the SPERI Comment blog … Continue reading →
6 April 2018 by Rick Rowden
Categories: SPERI Comment | Tags: Revisiting the developmental state, Rick Rowden | Leave a comment