The paper offers a new view of the role of state based on recognition of the economic ability of the state as a separate factor of production. This approach gives indirect taxes the status of factor income as state profit. If we were to apply the mechanism of producing and purchasing private...

Belarus was among the few post-communist countries to resign from comprehensive market reforms and attempt to improve the efficiency of the economy through administrative means, leaving market mechanisms only an auxiliary role. Since its inception, the 'Belarusian economic model' has undergone...

This paper discusses issues to be considered in designing “second generation” reforms. These reforms should focus on improving the capacity of the public sector to implement economic policies. The paper contrasts these reforms with those known as first generation reforms, which essentially...

Throughout history, governments have engaged in exchange with private actors. Recent work has documented the prevalence of opportunism in a number of government bounty schemes, exploring how private entrepreneurs may rook the state and hence undermine the stated aims of these programs. We draw...

The paper offers a critique of Vivek Chibber, Locked in Place: State-Building and Late Industrialization in India (2003). It argues that Chibber's critique of state-led development in India is neoliberal rather than Marxist in inspiration, and that the neoliberal character of the critique is...

Much of development policy has been based on the search for a short to do list that would get countries moving. In this paper I argue that economic activity requires a large and highly interacting set of public policies and services, which constitute inputs into the production process. This is...