State-market-society alliance: The evolving nature of the '21st century developmental state'

Pui Yi Wong

No wp-2020-103, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: While mainstream economics since the 1980s has been largely characterized by neo-liberal ideology, the past decade witnessed the rise of nationalism and protectionist policies globally. The latest COVID-19 pandemic has further refocused attention on the crucial roles played by effective states in protecting public welfare and a working economy. This literature review traces the 'developmental state' paradigm as it evolved from the classical developmental state model into the 21st-century developmental state.

Keywords: Developmental state; Market; Society (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-his, nep-hme and nep-pke
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