The Developmental State Is Dead—Long Live Social Capital?

Ben Fine

Development and Change, 1999, vol. 30, issue 1, 1-19

Abstract: At the same time that the World Bank appears to be going through a process of replacing the Washington consensus with the Post‐Washington consensus, the notion of social capital is coming to the fore both in development studies and social science more generally. These developments are closely connected to one another analytically: they are liable to stake out a new development agenda based on new Keynesianism and social capital in place of state versus the market; and they reflect more generally the growing influence of mainstream economics over other social sciences.

Date: 1999
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