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Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization PDF

450 Pages·1990·18.785 MB·English
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by Robert Wade| 1990| 450 pages| 18.785| English

About Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization

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.

Detailed Information

Author:Robert Wade
Publication Year:1990
ISBN:9780691042428
Pages:450
Language:English
File Size:18.785
Format:PDF
Price:FREE
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