Governing the Market : : Economic Theory and the Role of Government in East Asian Industrialization / / Robert Wade.

• Superior document: Title is part of eBook package: De Gruyter Asian Studies Archive (pre 2000) eBook Package
• VerfasserIn: Wade, Robert,
• Place / Publishing House: Princeton, NJ : : Princeton University Press, , [2018]; ©1990
• Year of Publication: 2018
• Language: English
• Physical Description: 1 online resource

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.

Table of Contents

Frontmatter -- Contents -- List of Figures -- List of Tables -- Introduction to the 2003 Paperback Edition: Creating Capitalisms -- Acknowledgments -- Introduction -- Chapter 1. States, Markets, and Industrial Policy -- Chapter 2. The Rise of East Asia -- Chapter 3. The Neoclassical Explanation -- Chapter 4. State-Led Industrialization, 1930S to 1980S -- Chapter 5. Management of Foreign Trade and Investment -- Chapter 6. Management of Domestic Investment -- Chapter 7. The Economic Bureaucracy -- Chapter 8. The Political System -- Chapter 9. Politics of Investment and Industrial Policy -- Chapter 10. Conclusions (I): Governing the Market in East Asia -- Chapter 11. Conclusions (2): Lessons from East Asia -- Appendix A Fiscal Incentives -- Appendix Β Politics of the 1958-62 Economic Reforms -- References -- Index