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About: Developmental state     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPoliticalTheories, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Attitude106193203yago:Cognition100023271yago:Orientation106208021yago:PoliticalOrientation106212839yago:PsychologicalFeature100023100yago:WikicatPoliticalTheories New Facet based on Instances of this Class

Developmental state, or hard state, is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late 20th century. In this model of capitalism (sometimes referred to as state development capitalism), the state has more independent, or autonomous, political power, as well as more control over the economy. A developmental state is characterized by having strong state intervention, as well as extensive regulation and planning. The term has subsequently been used to describe countries outside East Asia that satisfy the criteria of a developmental state. The developmental state is sometimes contrasted with a predatory state or weak state.