The concept of politics associated with the World Bank’s view of development is the techno-managerial view of democracy resulted from the modifications to liberalism in 1970s. From this period, the World Bank emerged as a chief proponent of ‘development’ and ‘state’. The World Bank’s views in relation to development and politics can be traced from…

In the post-colonial period, the means of involvement in developing countries by developed countries are constantly changing. Particularly from the 1970s, the World Bank is intervening in the policy decisions of developing nations in the name of assistance to development. Especially, whenever there is crisis in developing countries, the World Bank came forward with a…

The approach represented by the World Bank and other main stream development analysts in analysing the East Asian model of development has been subject to criticism by Dependency theorists. The main concerns of the Dependency theorists in understanding the East Asian model are the functioning of the world capitalist economy, colonialism, imperialism, the role of…

One of the most ignored issues in analysing the underlying processes of rapid growth of East Asian economies by mainstream development analysts is the character of the contemporary state system in the region. They have not considered the view that the nature of reform has varied depending on political structures and the relative strength of…