Comments on: The Strategic Logics of State Investment Funds: Beyond Financialization /2021/01/19/the-strategic-logics-of-state-investment-funds-beyond-financialization/ A Critical Perspective On Development Economics Wed, 20 Jan 2021 06:44:49 +0000 hourly 1 http://wordpress.com/ By: Aravind Bulusu /2021/01/19/the-strategic-logics-of-state-investment-funds-beyond-financialization/comment-page-1/#comment-10467 Wed, 20 Jan 2021 06:44:49 +0000 http://developingeconomics.org/?p=5291#comment-10467 Andhra Pradesh, a province in India adopted PPP model to develop a green field capital city in the back drop of state reorganization. The Govt of Andhra Pradesh engaged with a Singapore Consortium called Sing Bridge Ascendas, a realty partner. However, the realty partner shall first develop commercial establishments in the capital, through which it can earn revenue and the Govt of state was in hope that commercialization would further attract investments and trigger economic growth engine. However, the state succumbed to a stand still when the government is shifted to the hands of political opposition in the democratic process. Now, the proposed capital city is in standstill and has almost lost its idea. The incumbent government which rejected its predecessors green field capital idea claims that all this is false capitalism and sheer profit oriented approach to make personal gains. However, the current opposition admits that they were sheer neo-liberals who abided by trickle down theory to deliver the fruits of capitalist outset to the poor and needy through welfare programmes.

In this regard, I doubt what should be the best approach in a mixed economy like India? What should be the level of entanglement between Public and Private sectors?

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]]> By: New post at ºÚÁÏÉçÇø on strategic investment funds | SWFsEUROPE /2021/01/19/the-strategic-logics-of-state-investment-funds-beyond-financialization/comment-page-1/#comment-10453 Tue, 19 Jan 2021 12:52:42 +0000 http://developingeconomics.org/?p=5291#comment-10453 […] Dixon has published a blogpost based on his recent paper with Journal of Contemporary Asia at the ºÚÁÏÉçÇø State Capitalism blog series. The blog series is co-edited by SWFsEUROPE team member, Ilias […]

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]]> By: BLOG SERIES: State capitalism(s) – Interrogating the ‘return’ of the state in development – ºÚÁÏÉçÇø /2021/01/19/the-strategic-logics-of-state-investment-funds-beyond-financialization/comment-page-1/#comment-10449 Tue, 19 Jan 2021 10:53:55 +0000 http://developingeconomics.org/?p=5291#comment-10449 […] The Strategic Logics of State Investment Funds: Beyond Financialization. Adam Dixon examines why state-owned corporate entities are increasingly behaving like the private sector. Financialisation, he argues, may be an important factor, but is not the only one. Dixon identifies three other logics (a developmental logic, a regime maintenance logic, and a geo-political legitimacy logic) which are also at play, and fundamentally shape the rise of marketized state entities. […]

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