Kutlay,M.Karaoğuz,H.E.2024-06-232024-06-23202302662-2483https://doi.org/10.1007/978-3-031-12116-6_2https://hdl.handle.net/20.500.12469/5852This chapter posits that critical engagement with institutional political economy and developmental state scholarship offers new theoretical insights at a time when both development regimes and foreign policy paradigms are in flux. It provides a broad conceptual framework which links national development and foreign policy regimes through institutional complementarities among economic governance, state-business relations, and financial statecraft. It proposes that if the domestic development regime does not chime with the foreign policy orientation of a country, and it is less likely that foreign policy will feed into a nation’s long-term development performance—and vice versa. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.eninfo:eu-repo/semantics/closedAccess[No Keyword Available]Book Part2146Part F180910.1007/978-3-031-12116-6_22-s2.0-85179324384