Beyond the Developmental State: Industrial Policy into the by Jyoti Saraswati, Visit Amazon's Ben Fine Page, search
By Jyoti Saraswati, Visit Amazon's Ben Fine Page, search results, Learn about Author Central, Ben Fine, , Daniela Tavasci
Moving past summary fiscal versions and superficial descriptions of the marketplace, Beyond the Developmental State analyses the commercial, political and ideological pursuits which underpin present socio-economic processes.
Through this strategy, the individuals exhibit the shut interrelation among states and markets in either nationwide and overseas contexts. Drawing on a variety of case reviews and subject matters, the booklet exposes the theoretical and empirical obstacles of the developmental nation paradigm, delivering possible choices in addition to discussing the coverage implications and demanding situations they raise.
For students, scholars and practitioners of improvement, Beyond the Developmental State offers a decisive holiday with the previous dogmas of either neoliberal orthodoxy and theories of 'market-imperfection', and descriptions theoretically and empirically grounded alternatives.
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Sample text
First, before the establishment of POSCO, as the steel rolling-mill sector grew in the 1960s, there appeared an acute imbalance between the upstream and downstream processes in the industry, necessitating a ‘big-push’ policy for upstream processes (Nihon Tekko¯ Renmei 1968). The import substitution in the rolling sector rapidly proceeded in the 1960s, as the development of private EAF and rolling firms had been undertaken by various groups of firms or conglomerates. It was mainly the increase in domestic demand that brought about the development of the steel industry up to around 1970.
9. The Latin American experience raises the question of whether a developmental state can survive without being authoritarian, confronting the demands both for democracy and from an organised labour movement the more it is successful. ’ See below on bringing welfare back into the developmental state paradigm. 10. The other was the social costs of the policies, adjustment without a human face, on which see below. For critical presentation of the Washington Consensus and its aftermath as the post-Washington Consensus, see Fine, Lapavitsas and Pincus (2001), Jomo and Fine (2006) and Bayliss, Fine and Van Waeyenberge (2011).
Reflecting changes in underlying economic and political relations and interests, policies towards the industry were frequently modified; their outcomes also depended upon these changing relations and interests. 2 The South Korean Model of the Developmental State? In contrast to the Japanese case, which was largely characterised by the oligopolistic competition among the six private integrated firms, the establishment and expansion of the state-owned firm POSCO was the core aspect of the system of accumulation in the South Korean steel industry in the period of miraculous growth in the 1970s and 1980s.