The evolution of the idea of development: From developmentalism to financialisation in a comparative perspective

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2020-10-29
Kaynak , Mehtap Tuğba
This thesis has attempted to show the evolution of the idea of developmentalism starting from the early ideas of developmentalism in 16th century and continuing with the analysis of developmental state from the end of the Second World War to the early 21st century. As the contours of developmentalism shifted from economic protectionism in the 1950s to market liberalisation in the 1980s, there has been a growing literature aiming at revitalizing the role of the state in social and economic transformation in the early 21st century. The thesis has thus focused on the development process of DEEs dealing with the East Asian model of DS on the one hand, and the new developmentalism in reference to Latin America on the other. It has also broadened its comparative perspective by considering the challenges the DEEs faced through the process of financialisation and the problems of de-industrialisation in Latin America and elsewhere in the post-2000 era. By questioning the relevance of the developmental state in the 21st century, it sought to bring the implications of the current debate on the DS for further researches in the wake of the Covid-19 pandemic.

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Citation Formats
M. T. Kaynak, “The evolution of the idea of development: From developmentalism to financialisation in a comparative perspective,” M.S. - Master of Science, Middle East Technical University, 2020.