Neoclassical Political Economy, the State and Economic Development

In this article, I will focus on the role of the state in economic development. Recent research suggests that it needs some re-evaluation. I will begin with a discussion of the crowning achievement of neoclassical economics, namely, the two fundamental theorems of welfare economics to set the stage...

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Bibliographic Details
Main Author: T. N. Srinivasan
Format: Article
Language:English
Published: World Scientific Publishing 1985-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110585000070