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: Concept of developmental capitalism and developmental state have been subject to the theoretical debate regarding the division of tasks between public institu¬tions and the market in the process of economic growth and development. This debate takes place in the context of constant prospecting of solutions which will increase the ef¬fectiveness of the economy. The paper contemplates the role of the state in the process of the economic growth stimulation with particular reference to factors determining effectiveness of applied in¬struments. The beginning part of the article is a brief overview of developmental state theory and basic characteristics of developmental capitalism. Then, the analysis focused on indicators used to describe the nature of economic systems of countries recognized as representatives of developmental capitalism. The final section contains main conclusions.
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