This seminar will examine changes in state-market-interactions as well as institutional change in developing countries. During the 1950s and 1960s, and particularly in the context of decolonization, most governments in the developing world strongly relied on state-owned enterprises and state-led development. With the beginning of severe debt crises in the 1980s and the breakdown of centrally planned economies, policies of structural adjustment and institutional change rapidly replaced these strategies. Although market-led development was the paradigm of the 1990s, and New Public Management became a key feature in public administrations, there were also concerns about more conducive roles of the state in development. Today, theoretical debates and development practice concentrate more on complementary roles of states and markets, and new collaborative arrangements. With more intense international collaboration and global interaction, the focus has shifted to new modes of governing and governance, which more deeply involve non-state actors in overall development.