The Concept of “Developmental State” in the Context of Eurasian Integration

Abstract

Since the economic crisis of 2008, and more recently with the COVID-19 pandemic, we have seen an active involvement of the state in economic recovery. Consequently, there is growing interest in analyzing the degree of government involvement in economic development and market regulation, as well as in reviving the “developmental state” (DS) approach, in particular.Aim. To update the concept of the “developmental state” in the light of the new circumstances inherent in the 21st century. This step will allow us to take a fresh look at the model and determine the main trends of its development.Tasks. We seek to outline the classical version of the “DS” concept proposed by Ch. Johnson, to present the challenges faced by the states, to correlate the classical version with the new “possible” version of the “DS” concept, to analyze the relevance of the model in relation to the development of the EAEU.Methods. We use the systematic approach and general scientific methods of retrospective, comparative analysis, induction and deduction, generalization, grouping of information.Results. We present several bases that may become the impetus for the model transformation.Conclusion. The “21st century developmental state” must retain the bureaucratic capacity, “embedded autonomy” and now assume greater social responsibility. Human capacity, empowerment and digitalization of state functioning will be fundamental elements of a new developmental state model. The EAEU has all the possibilities to apply the model at the supranational level. Its implementation depends on the readiness of the countries for such a transformation.

Keywords

• concept of the “developmental statе”
• intermediate institutions
• statism
• social contract
• state capitalism