Author Affiliation, Ana.
Sir Arthur Lewis Institute of Social and Economic Studies
Developmental intervention: A contemporary perspective
Caribbean journal of public sector management
Date of Publication
Also presented at the Seventh International Post-Keynesian conference in Kansas City, Missouri, June 29 - July 3, 2002
Discusses important economic and politico-institutional features of the 'desirable' developmental intervention. The author begins by critically evaluating and illustrating the current orthodoxy by asserting a 'Geisha model' of the state. He goes on to examine an institutional system which appears to have been used with enormous success, the 'Developmental state': the case of the state which takes on a central developmental role in the economy without directly owning most of the productive assets. The final section pursues aspects of the modern developmental intervention (upon which a 'progressive' state-led development policy framework can build).....