What is Developmentalism?• A Post-World War 2 economic theory• Thinking Style: "Developmentalist"• "Developmental States"• Optimistic: World Economic Success• Government focuses on development• Very linear
Main Ideologies and Beliefs ofDevelopmentalismThere are 4 main that are included behind the theory of Developmentalism• First - Performance of a nations economy is the central source of justice that a regime may claim.• Second - Governmental authority used to spread the risks associated with capitalist development.• Third - State administrators become separated from politicians.• Fourth - Necessary for nations to utilize the capitalist system for further advancement in the international economy.
Strengths• Promoted "Self-Governance"• Induced participation in the International Economy• Promoted Capitalism• Botswana - Successful developmental state o Since the gain of political independence in 1960s and 70s• Thailand o Created a school for developmentalism
Weaknesses• Developmentalism: o Democratic Development = phenomenon? o Authoritarianism = better for achieving goals?• No Agreement o Democracy leads to Economic Development o Economic Development is required to achieve Democracy• South Korea Few Decades Ago = Third World• South Korea Now = Democratic and Economically Developed• Regimes = Democracy vs. Authoritarianism
DevelopmentalismIs it too simple or just right by itself?