Introduction -- Theoretical framework -- The rise and fall of India's statist development -- Industrial finance after statism in India -- Labor management after statism in India -- Indian firms and the international economy -- The rise and fall of Pakistan's statist development --...

How and why do developmental state institutions persist? We address this conceptual question through an empirical puzzle: even though Pakistan and Turkey, like South Korea and Taiwan, constructed postwar developmental state institutions, the Pakistani and Turkish economies have been unable to...