Episode
Episode 154 - Political Settlement and Development: Productive Capitalism and Industrial Policy
Mohammad Fazli
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2025-11-25
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10 Followers
How can nations lacking rule of law, proper markets, and strong institutions achieve development? This episode addresses this critical question by examining limitations of market-driven and institutional theories that emphasize these prerequisites. Economist Mohsen Yazdan-Panah e Read more…How can nations lacking rule of law, proper markets, and strong institutions achieve development? This episode addresses this critical question by examining limitations of market-driven and institutional theories that emphasize these prerequisites. Economist Mohsen Yazdan-Panah explores the framework of 'political settlement' as an alternative pathway toward development, offering practical solutions for countries facing institutional deficits and governance challenges. Close