What’s Left of ‘State Capacity’? The Developmental State after Globalization and the East Asian Crisis
For proponents of the developmental state both globalization trends and the 1997 East Asian currency crises that hit many of the archetypal developmental states have few negative implications for their prescriptions.1 The problems that developmental states were designed to solve remain; if anything globalization increases the potential for effective intervention.
KeywordsForeign Direct Investment Industrial Policy Developmental State State Capacity Policy Tool
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