Concept information
Preferred term
state-led economic development
Definition
- State-led economic development is an institutional approach to development emerging from cold war–era debates about how poor countries can achieve economic development. Drawn largely from the experiences of successful developing countries in Asia, state-led development is now a more coherently defined approach that late-developing countries draw on as they navigate the post–cold war era of economic globalization. [Source: The Encyclopedia of Political Science; Economic Development, State-led]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/state-led_economic_development
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