Governing the Market
Book 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…
Why read it?
1 author picked Governing the Market as one of their favorite books. Why do they recommend it?
In the original version of this book, Wade refutes the two extreme versions of the reasons for the dramatic successes of the East Asian Tigers, particularly Taiwan, in going from undeveloped to advanced economies, fully integrated into the global economy, within one generation.
One version is that the success was mainly due to the free market and the other that it is attributed mainly to government intervention. Instead, Wade shows that key decisions were divided between the private and public sectors in a way that produced a synergy between them.
The revised version extends the coverage to explain the booms…
From Richard's list on how private and public sector enterprises.
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