Developmental State Theory

Developmental State Theory suggests that a country's economic growth can be effectively promoted when the government actively guides development, rather than relying solely on market forces. In this approach, the government sets strategic policies, invests in key industries, and coordinates efforts to foster industrialization and technological progress. It emphasizes strong state capacity and long-term planning to achieve rapid growth and social stability. Think of it as a government taking a central role, similar to a conductor guiding an orchestra, to ensure all parts work harmoniously toward national development goals.