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The developmental state is characterised by being primarily aimed at promoting and succeeding in achieving economic growth by building viable institutions that guarantee such growth. The developmental state model favours a strong role for a strong state in steering such development by providing the conditions for development, i.e. health, education and infrastructure, and taking adequate measures to protect national industry in the globalising economy, not in order to maximize profits, but in order to promote the development of its people and to achieve sustainable national economic growth. Making a profit is important, but maximising market shares even more (Tshishonga and de Vries). |
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