Governing the Market

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Challenging traditional views on the East Asian economic model, the book explores the interplay between market forces and public administration in shaping economic success. It critically examines the debate on industrial policy in the region, analyzing the dynamics that led to both economic booms and subsequent crashes in the 1990s. Wade emphasizes the interconnectedness of corporations, banks, and governments, and offers a fresh perspective on development policy for national and international contexts in light of these findings.