Publisher's Synopsis
In the wake of the triumph of neoclassicism in the development economics of the 1980s and the collapse of state socialist economics at the end of that decade, reassessment of the role of the state in development is the order of the day. The authors of this volume resist, without exception, the temptation to put the question as a simple choice of state or market. Rather, most of the chapters inquire into the conditions under which state action and market functioning can combine to advance growth and development. The book includes theoretical chapters, as well as regional and comparative analysis.
