The paper examines the notion of a ‘developmental state’ and shows that China possesses the characteristics of a developmental state. It explains the political economy which generated such a state in China and in some other economies. It analyses the methods and mechanisms that were...

What happens to countries after civil war or other conflict comes to an end? This paper shows that post-war economies can experience a peace dividend involving higher than average growth rates, and that aid can increase this dividend. Since post-war countries face the twin challenges of avoiding...