ABSTRACT
The state has an important role to play in all approaches to ‘development’. This may be providing a system of regulation, law and order within which the market can operate efficiently, as the theories discussed in the previous chapter argued, or the state can be far more interventionist in the workings of the economy. In the previous chapter we considered the role of the state within Keynesian approaches to development and economic growth. In this chapter the focus will be on theories which have been used to justify much greater state involvement.
