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Abstract

This chapter discusses how and why the state – well before the financial crisis and in spite of expectations fostered by debates on globalisation and neoliberalism – remains at the core of economic governance. It examines three areas of state activism in the economy – two long-standing (in industry and finance), one more recent (sovereign investment funds) – and proposes (as the counterpoint to the globaliser-cum-neoliberal argument) that the state’s role as an economic and developmental actor has been valorised rather than diminished by the pressures of economic integration.

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© 2012 Linda Weiss

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Weiss, L. (2012). The Myth of the Neoliberal State. In: Kyung-Sup, C., Fine, B., Weiss, L. (eds) Developmental Politics in Transition. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137028303_2

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