This chapter looks at the origins of the classic developmental states and differentiates between the agency and urgency views explaining the emergence of developmentalist institutions and policies in the twentieth century. By recalling the experiences of the Northeast Asian model-cases it puts...

This chapter analyses the demise of the Brazilian developmental state. It argues that Dilma Rousseff’s deposition in Brazil in 2016 is a result of the financial sector dropping out of the coalition, that had promoted such a U-turn in Brazilian politics, and then proceeding to consolidate a...