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Introduction

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Part of the International Political Economy Series book series (IPES)

Abstract

This chapter provides an introduction to post-crisis developmental states in the Global Periphery. The starting point of the analysis is the recognition that following the global financial and economic crisis (GFC) of 2008–9, and more recently the COVID-19 pandemic crisis both the world economy and economics as a social science face important challenges, that call for paradigmatic changes, maybe even for new paradigms. The aim of this volume is to contribute to the debates around contemporary state capitalist varieties, by focusing and extending the developmental state (DS) approach based on the experience of the global (semi-)periphery in the post-crises cycle. The chapters throughout this volume bring together a great variety of critical approaches in order to reconsider the role of the (semi-)peripheral state and the social context of development in the post-crises era. This chapter introduces basic concepts and definitions related to the contemporary developmental state debate, and draws upon a critical political economy approach, which is applied on multiple scales and within different time frames and regional focuses throughout the volume.

Keywords

  • Developmental state
  • Paradigmatic change
  • COVID-19 pandemic
  • New developmentalism
  • State capitalism
  • Post-crisis era

This volume brings together a collection of selected original research conducted in the framework of the research project ‘From developmental states to new protectionism: changing repertoire of state interventions to promote development in an unfolding new world order’ (FK 124573) supported by the National Research, Development and Innovation Office (NRDIO) of Hungary.

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Notes

  1. 1.

    It was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer ‘for their experimental approach to alleviating global poverty’ and has shown clearly a consensus regarding the capability approach to development.

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Correspondence to Judit Ricz .

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Ricz, J. (2021). Introduction. In: Gerőcs, T., Ricz, J. (eds) The Post-Crisis Developmental State . International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-71987-6_1

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