Von Sachsen Bellony Foundation



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Developmental State

Pubblicato il 26 gennaio 2016 alle 07.05

A developmental state is a state where government is intimately involved in the macroand

micro-economic planning in order to grow the economy. It has

generally been observed that successful developmental states are able to advance their

economies much faster than regulatory states that use regulations to manage the

economy. As an example, it took the USA approximately 50 years to double its economy

while it took China, which is a developmental state, approximately 10 years to double its

economy. Based on these findings, is it logical to infer that for a country to meet its

social, economic and political obligations.