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Governing the Market

by Robert Wade
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Beyond the State-versus-Market Divide

Robert Wade challenges simple free-market and state-intervention accounts of East Asian growth. He examines how markets and public administration jointly shaped resource allocation. A new introduction connects the 1990s boom and crash to corporations, banks, governments, global capital, and the IMF. The book concludes by proposing a fresh agenda for development policy.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Just Arrived

Governing the Market

by Robert Wade
Regular price $9.90
Unit price
per
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ISBN: 9780691003979
Author: Robert Wade
Date of Publication: 1992-02-04
Format: Paperback
Related Collections: Economics, Politics, Sociology

Description

Published originally in 1990 to critical acclaim, Robert Wade's Governing the Market quickly established itself as a standard in contemporary political economy. In it, Wade challenged claims both of those who saw the East Asian story as a vindication of free market principles and of those who attributed the success of Taiwan and other countries to government intervention. Instead, Wade turned attention to the way allocation decisions were divided between markets and public administration and the synergy between them. Now, in a new introduction to this paperback edition, Wade reviews the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s. He extends the original argument to explain the boom of the first half of the decade and the crash of the second, stressing the links between corporations, banks, governments, international capital markets, and the International Monetary Fund. From this, Wade goes on to outline a new agenda for national and international development policy.
 

Beyond the State-versus-Market Divide

Robert Wade challenges simple free-market and state-intervention accounts of East Asian growth. He examines how markets and public administration jointly shaped resource allocation. A new introduction connects the 1990s boom and crash to corporations, banks, governments, global capital, and the IMF. The book concludes by proposing a fresh agenda for development policy.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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