What is the effect of state capacity on economic development? I argue that strong and centralised states are capable of mobilising the resources required to establish an efficient administration and provide public goods, which are preconditions for modern economic growth. To test this...

Part I -- Chapter-1: A short economic history of EMEs -- Chapter-2: The Age of Dirigisme (1950-1980) -- Chapter-3: The Age of Crises (1980-2000) -- Chapter-4: The Age of Globalization (2000-2020) -- Part II -- Chapter-5: The New Seeds of Instability -- Chapter-6: Mapping out the EME Fault-lines...