Book Details


Developmental State Building : The Politics of Emerging Economies

Publication year: 2019

ISBN: 978-981-13-2904-3

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This book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development.

Subject: Economics and Finance, Emerging state, Developmental state, State building, Embedded autonomy, Political economy, Economic growth, State transformation, development policy, Economic Policy, Economic History, Development Economics, African Politics, Asian Politics, Development Policy