JURNAL NAWALA POLITIKA
Vol. 4 No. 1 (2026): Jurnal Nawala Politika

The Political Economy of Development: State–Market Relations and Global Capitalism in The Scholarly Literature

Abrar, Muhammad (Unknown)
Muladi, Muhammad Aris (Unknown)



Article Info

Publish Date
31 Mar 2026

Abstract

The political economy of development is a significant field of inquiry that examines the interaction between political power and economic dynamics at the national and global levels. This study aims to map and analyze the development of the political economy of development literature, with a particular focus on state–market relations and global capitalism. The research employs a Systematic Literature Review (SLR) combined with bibliometric co-occurrence analysis of peer-reviewed journal articles published between 2000 and 2025. Bibliographic data were analyzed using VOSviewer to identify thematic clusters, conceptual linkages, and temporal research trends. The findings indicate that the political economy of development literature is structured around several core themes, including the role of the state and public institutions, global capitalism and economic globalization, and state–market relations in the formulation of development policies. The results further suggest that global capitalism shapes national policy spaces asymmetrically, leading state–market relations to be understood as a dynamic arena of negotiation rather than a binary opposition. Moreover, the growing use of bibliometric approaches reflects increasing methodological maturity and reflexivity within the field of political economy of development studies. This study contributes by providing a systematic mapping of the intellectual structure and research trajectories of the political economy of development, while offering a conceptual foundation for future research and the formulation of adaptive development policies in the context of global capitalist dynamics.

Copyrights © 2026






Journal Info

Abbrev

nawala

Publisher

Subject

Social Sciences

Description

Focus Jurnal Nawala Politika specializes in the spectrum of Political Science and International Studies serving as a platform for research that bridges theoretical frameworks with empirical analysis We emphasize the dynamic relationship between domestic political systems and global transformations ...