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Managing Development in a Globalized World by Ahmed Shafiqul Huque, Habib Zafarullah

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Chapter 4The Inclusive Developmental State and Institutions of Development

Our object in the construction of the state is the greatest happiness of the whole, and not that of any one class.

Plato

Introduction

The Asian “model” of the developmental state with its goals and strategies worked well for several years mainly for its contribution toward raising economic growth in the countries where it evolved and elsewhere where it was experimented with. In the changing global context, however, this peculiar brand of state gradually outlived its usefulness ...

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