Market, State and Development

Ramesh Thakur*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The basic political actor in today’s world is the sovereign state. The prerequisite to enduring sustainable order, stability, development and growth is an efficient, functioning and effective state. But the state is both more legitimate and more effective in its elemental tasks when it is democratic, inclusive and organized on principles and structures of good governance. Many of these can be informed by international debate and best practice. But no system of governance will survive, let alone thrive, if it is a foreign import. Instead it must connect to and build on local traditions, belief systems and governance practices. At the same time, isolation and disengagement from global norms is no more an option in today’s world than is delinking from the global economy or rejecting globalization….

Original languageEnglish
Title of host publicationNew Humanism and Global Governance
PublisherWorld Scientific Publishing Co. Ltd.
Pages189-220
Number of pages32
ISBN (Electronic)9789813236189
ISBN (Print)9789813236172
DOIs
Publication statusPublished - 1 Jan 2018

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