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willyvan
Posted September 17, 2010
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In this remarkable book, Atul Kohli of Princeton University examines the growth policies of South Korea, Brazil, India and Nigeria. He makes a detailed comparative analysis of the state as an economic actor in developing countries and asks, why is there such variation in developmental efficacy?
He shows that the Washington consensus, the cult of the market, is against developing countries' interests. There is no evidence that laisser-faire policies work: "there is a stunning lack of evidence for the proposition that less government facilitates more rapid industrialisation in the developing world." And, "if the neoclassical argument is that free and open economies subject to minimum government intervention are best situated to maximize growth, then supportive evidence is lacking."
He concludes, "rapid industrialisation in the developing world has been a product of effective state intervention." Countries have to create effective states in order to industrialise their economies.
More About This Textbook
Overview
Why have some developing countries industrialized and become more prosperous rapidly while others have not? Focusing on South Korea, Brazil, India, and Nigeria, this study compares the characteristics of fairly functioning states and explains why states in some parts of the developing world are more effective. It emphasizes the role of colonialism in leaving behind more or less effective states, and the relationship of these states with business and labor in helping explain comparative success in promoting economic progress.
Editorial Reviews
From the Publisher
"Elegantly written and impeccably argued, this book superbly summarizes and synthesizes the major works on the role of states in development. This is an insightful, thought-provoking volume. Highly recommended." - CHOICE May 2005"This is a systematic, clear and informative piece of comparative research that should be read by academics and policymakers interested in understanding the roles of different types of states as accelerators and hinderers of development." - Pacific Affairs
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Meet the Author
Atul Kohli is the David K. E. Bruce Professor of International Affairs at Princeton University. He has written or edited nine books and has published some fifty articles. His most recent publications included States, Markets and Just Growth (United Nations University Press, 2003) and The Success of India's Democracy (Cambridge University Press, 2002). He has held fellowships from the Russell Sage Foundation, Ford Foundation, and the Social Science Research Council, New York.
Table of Contents
Introduction: states and industrialization in the global periphery; Part I. Galloping Ahead: Korea: 1. The colonial origins of a modern political economy: the Japanese lineage of Korea's cohesive-capitalist state; 2. The rhee interregnum: saving South Korea for cohesive capitalism; 3. A cohesive-capitalist state reimposed: Park Chung Hee and rapid industrialization; Part II. Two Steps Forward, One Step Back: Brazil; 4. Invited dependency: fragmented state and foreign resources in Brazil's early industrialization; 5. Grow now, pay later: state indebted industrialization in modern Brazil; Part III. Slow but Steady: India: 6. Origins of a fragmented-multiclass state and a sluggish economy: colonial India; 7. India's fragmented-multiclass state and protected industrialization; Part IV. Dashed Expectations: Nigeria: 8. Colonial Nigeria: origins of a neopatrimonial state and a commodity-exporting economy; 9. Sovereign Nigeria: neopatrimonialism and failure of industrialization; Conclusion: understanding states and state intervention in the global periphery.