Varieties of Developmental States

Devin K. Joshi

Journal of Developing Societies, 2012, vol. 28, issue 3, 355-378

Abstract: The “developmental state†discourse has opened up fruitful scholarly explorations of alternatives to neoliberal capitalism, but its scope has been somewhat narrow and geographically limited. As a remedy, I propose a broadening of the “developmental state†concept to include three varieties of non-Western states on track to meet the Millennium Development Goals (MDGs). In these states, political leaders actively developed an initial “comparative advantage†in either (a) human capital; (b) natural capital; or (c) social capital that allowed the state to invest the returns-to-capital into a broader state-led development strategy to satisfy most citizen’s basic human needs. I illustrate these three different pathways via the relatively successful experiences of Singapore, Kuwait, and Costa Rica.

Keywords: developmental state; human capital; natural capital; social capital; Millennium Development Goals (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jodeso:v:28:y:2012:i:3:p:355-378

DOI: 10.1177/0169796X12453783

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