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BOOK REVIEW: The Post-Crisis Developmental State. Perspectives from the Global Periphery, by Tamas Gerocs and Judit Ricz, Cham, Switzerland: Palgrave Macmillan, pp. 337
Avlijaš, Sonja
The global financial and economic crisis of 2008–2009, and more recently the COVID-19 pandemic, have highlighted the growing challenges to global capitalism. After almost half a century of increasing market and trade liberalisation, the state is back in vogue throughout the world. This volume, edited by Tamas Gerocs and Judit Ricz, starts from the well-established empirical fact that developing and emerging market economies, which they refer to as the global semi-periphery, differ from the more advanced economies regarding not only their economic and social structure but also their capacity and autonomy to implement the developmental policies that are now being promoted in many contexts. They invite us to consider what the newly emerging post-crisis paradigm of greater state involvement in the economy means for states which are institutionally, financially, and/or politically under-capacitated, and where domestic agency and policymaking are constrained by exogenous power structures such as multinational corporations and the geostrategic interests of large countries.
engleski
2022
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