SouthViews No. 101, 8 January 2014

New Threat to Economic Role of the State

By Martin Khor

The economically successful developing countries are characterised as having a strong “developmental state”. But this role of the state is coming under attack in new global rules being created. Two new trade agreements involving the two economic giants, the United States and European Union, are leading a charge against the role of the state in the economy in developing countries. Attention should be paid to this initiative as it has serious repercussions on the future development plans and prospects of the developing countries.

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New Threat to Economic Role of the State

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