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Fine, B. (1999). The Developmental State Is Dead—Long Live Social Capital? Development and Change 30 (1), 1-19

At the same time that the World Bank appears to be going through a process of replacing the Washington consensus with the Post-Washington consensus, the notion of social capital is coming to the fore both in development studies and social science more generally. These developments are closely connected to one another analytically: they are liable to stake out a new development agenda based on new Keynesianism and social capital in place of state versus the market; and they reflect more generally the growing influence of mainstream economics over other social sciences.

Authors

Fine, Ben

Ben Fine is Professor of Economics at the University of London's School of Oriental and African Studies. He is the author of a number of works in the broad tradition of heterodox economics, and has made contributions on economics and social capital. Perhaps his most significant book to date...

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