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21. In Search of The 21st Century Developmental State

Author:
Peter B. Evans
Publication Date:
12-2008
Content Type:
Working Paper
Institution:
Centre for Global Political Economy, University of Sussex
Abstract:
What role for the developmental state in the 21st century? What state structures and political institutions will best equip nations trying to enter the ranks of "developed" countries? I offer two interconnected propositions. The first stresses continuity: the "developmental state" will continue to play a crucial a role in economic growth and social transformation in the 21st century, just as it did in the latter half of the 20th century. The second is more radical: successful 21st century developmental states will have to depart fundamentally from existing models of the developmental state in order to achieve success. Growth strategies focused primarily on traditional capital accumulation will no longer suffice. State-society ties can no longer be focused narrowly on relations with capitalist elites.
Topic:
Development, Economics, Capitalism, International Development, and Global Political Economy
Political Geography:
Global Focus

22. Niebyl, Money and Development

Author:
Daniela Tavasci, Jan Toporowski, and Radha Upadhyaya
Publication Date:
04-2008
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper examines Karl Niebyl’s critique of monetary theory against the typology of equilibrium, reflective and critical theories of money. It argues that despite fundamental criticisms of monetary theory, his analysis of money in capitalist development is essentially a reflective one. The paper goes on to show how the development of the capitalist firm in the twentieth century may give a more critical, disequilibrium, role to money and finance. The introduction presents a categorisation of theories of money. The second section shows the reflective nature of Niebyl’s theory of money comparing it to more recent disequilibrium or critical theories. As Niebyl’s work focuses to the changing function of money with the emergence of industrial capitalism, the next section deals with possible lessons for understanding money in a context of capitalist development. The fourth section reflects on Niebyl’s considerations on methodology.
Topic:
Development, Monetary Policy, Capitalism, and Industrialization
Political Geography:
Global Focus