State Building and Late Development - Softcover

Waldner, David

Softcover

ISBN 10: 0801485754 ISBN 13: 9780801485756

Publisher: Cornell University Press, 1999

Synopsis

Why does state building sometimes promote economic growth and in other cases impede it? Through an analysis of political and economic development in four countries―Turkey, Syria, Korea, and Taiwan―this book explores the origins of political-economic institutions and the mechanisms connecting them to economic outcomes.

David Waldner extends our understanding of the political underpinnings of economic development by examining the origins of political coalitions on which states and their institutions depend. He first provides a political model of institutional change to analyze how elites build either cross-class or narrow coalitions, and he examines how these arrangements shape specific institutions: state-society relations, the nature of bureaucracy, fiscal structures, and patterns of economic intervention. He then links these institutions to economic outcomes through a bargaining model to explain why countries such as Korea and Taiwan have more effectively overcome the collective dilemmas that plague economic development than have others such as Turkey and Syria. The latter countries, he shows, lack institutional solutions to the problems that surround productivity growth.

The first book to compare political and economic development in these two regions, State Building and Late Development draws on, and contributes to, arguments from political sociology and political economy. Based on a rigorous research design, the work offers both a finely drawn comparison of development and a compellingly argued analysis of the character and consequences of "precocious Keynesianism," the implementation of Keynesian demand-stimulus policies in largely pre-industrial economies.

About this title

About the Author

David Waldner is Assistant Professor in the Department of Government and Foreign Affairs at the University of Virginia.

Edition details

• Publisher: Cornell University Press
• Publication date: 1999
• Language: English
• ISBN 10: 0801485754
• ISBN 13: 9780801485756
• Binding: Paperback
• Number of pages: 256