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Finance And Industrial Policy In Unsuccessful Developmental States: The Case Of Pakistan

DEVELOPMENT AND CHANGE, no. 4 (2018): 1064-1092

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While a large body of research indicates that state-directed finance worked for successful East Asian developers, the dominant assumption remains that countries with a weak state capacity, where corruption is rife, should not try this at home'. In this article, that narrative is questioned through a case study of the role of the financial...More

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