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State capitalism revisited: a review of emergent forms and developments

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journal contribution
posted on 18.03.2019, 16:09 authored by Wilfred Dolfsma, Anna GrosmanAnna Grosman
Even when the neoliberal ideology of the free market was more dominant than it now is, the state was involved in economic activities that could be undertaken by private firms. State capitalism takes increasingly diverse forms, including beyond direct, partial or even indirect ownership. This paper briefly reviews some of these forms without claiming to be exhaustive as the shape state capitalism takes differs widely across the institutionalized contexts of countries. We assess state capitalism using double movement framework and argue that this framework needs adaptation to novel forms of state capitalism that include, e.g., state-owned multinationals and sovereign wealth funds.

History

School

  • Loughborough University London

Published in

Journal of Economic Issues

Volume

53

Issue

2

Pages

579-586

Citation

DOLFSMA, W. and GROSMAN, A., 2019. State capitalism revisited: a review of emergent forms and developments. Journal of Economic Issues, 53 (2), pp.579-586.

Publisher

Taylor & Francis © Journal of Economic Issues /Association for Evolutionary Economics

Version

AM (Accepted Manuscript)

Publisher statement

This is an Accepted Manuscript of an article published by Taylor & Francis in Journal of Economic Issues on 13 May 2019, available online: https://doi.org/10.1080/00213624.2019.1606653

Acceptance date

14/02/2019

Publication date

2019-05-13

Copyright date

2019

ISSN

0021-3624

eISSN

1946-326X

Language

en

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Keywords

Exports