Description
Book SynopsisReviews the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s. This title extends the 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, and others.
Trade ReviewWinner of the 1992 Best Book Award of the Political Economy Section of the American Political Science Association "[This] study by Robert Wade is one of only a handful that describes how economic policy in East Asia has actually worked... A superb book... Governing the Market demystifies East Asia's miracle without making it seem any less remarkable. It assaults idle prejudice on every side of the debate about markets and the role of government. It is long overdue, and deserves to be widely read."--Economist "This valuable book provides a quite detailed and carefully analytical account of the economic development of Taiwan and its political and social setting... [Wade] makes a good case for his view that while market forces, at home and abroad, have been given much play, the government has also played a key part."--Foreign Affairs