Some reflections on Governing the market

Phillip Toner; Gavan Butler

Some reflections on Governing the market

Phillip Toner
, Gavan Butler

Research output: Contribution to journal › Article

5 Citations (Scopus)

Abstract

Professor Robert WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s Governing the Market provides one of the strongest sustained arguments in economic literature for the two following propositions: first, that the orthodox economic case for free trade, though often made, has rarely proved entirely persuasive; and second, beyond doubt, economic orthodoxy is the relentless enemy of understanding. The new Introduction to WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s republished opus makes clear, however (though with considerable regret) that a form of ÃƒÂ¢Ã¢"šÂ¬Ã…"free tradeÃƒÂ¢Ã¢"šÂ¬Ã‚Â based on orthodox fundamentalism is resurgent. The goal of this paper is to reflect on two key ideas in the new Introduction that underlie WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s explanation of both this resurgence and its implications for national development strategies.

Original language	English
Number of pages	22
Journal	Issues and studies
Publication status	Published - 2004

Keywords

East Asia
Economic development
Economic policy
Free trade
Globalization
Wade, Robert. Governing the market : economic theory and the role of government in East Asian industrialization

Cite this

@article{9a1c046ce7c74636b558383389dd2310,

title = "Some reflections on Governing the market",

abstract = "Professor Robert Wade{\~A}ƒ{\^A}¢{\~A}¢{"}{\v s}{\^A}¬{\~A}¢{"}{\v z}{\^A}¢s Governing the Market provides one of the strongest sustained arguments in economic literature for the two following propositions: first, that the orthodox economic case for free trade, though often made, has rarely proved entirely persuasive; and second, beyond doubt, economic orthodoxy is the relentless enemy of understanding. The new Introduction to Wade{\~A}ƒ{\^A}¢{\~A}¢{"}{\v s}{\^A}¬{\~A}¢{"}{\v z}{\^A}¢s republished opus makes clear, however (though with considerable regret) that a form of {\~A}ƒ{\^A}¢{\~A}¢{"}{\v s}{\^A}¬{\~A}…{"}free trade{\~A}ƒ{\^A}¢{\~A}¢{"}{\v s}{\^A}¬{\~A}‚{\^A} based on orthodox fundamentalism is resurgent. The goal of this paper is to reflect on two key ideas in the new Introduction that underlie Wade{\~A}ƒ{\^A}¢{\~A}¢{"}{\v s}{\^A}¬{\~A}¢{"}{\v z}{\^A}¢s explanation of both this resurgence and its implications for national development strategies.",

keywords = "East Asia, Economic development, Economic policy, Free trade, Globalization, Wade, Robert. Governing the market : economic theory and the role of government in East Asian industrialization",

author = "Phillip Toner and Gavan Butler",

year = "2004",

language = "English",

journal = "Issues and studies",

issn = "1013-2511",

publisher = "World Scientific Publishing Co. Pte Ltd",

}

TY - JOUR

T1 - Some reflections on Governing the market

AU - Toner, Phillip

AU - Butler, Gavan

PY - 2004

Y1 - 2004

N2 - Professor Robert WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s Governing the Market provides one of the strongest sustained arguments in economic literature for the two following propositions: first, that the orthodox economic case for free trade, though often made, has rarely proved entirely persuasive; and second, beyond doubt, economic orthodoxy is the relentless enemy of understanding. The new Introduction to WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s republished opus makes clear, however (though with considerable regret) that a form of ÃƒÂ¢Ã¢"šÂ¬Ã…"free tradeÃƒÂ¢Ã¢"šÂ¬Ã‚Â based on orthodox fundamentalism is resurgent. The goal of this paper is to reflect on two key ideas in the new Introduction that underlie WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s explanation of both this resurgence and its implications for national development strategies.

AB - Professor Robert WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s Governing the Market provides one of the strongest sustained arguments in economic literature for the two following propositions: first, that the orthodox economic case for free trade, though often made, has rarely proved entirely persuasive; and second, beyond doubt, economic orthodoxy is the relentless enemy of understanding. The new Introduction to WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s republished opus makes clear, however (though with considerable regret) that a form of ÃƒÂ¢Ã¢"šÂ¬Ã…"free tradeÃƒÂ¢Ã¢"šÂ¬Ã‚Â based on orthodox fundamentalism is resurgent. The goal of this paper is to reflect on two key ideas in the new Introduction that underlie WadeÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s explanation of both this resurgence and its implications for national development strategies.

KW - East Asia

KW - Economic development

KW - Economic policy

KW - Free trade

KW - Globalization

KW - Wade, Robert. Governing the market : economic theory and the role of government in East Asian industrialization

UR - http://handle.uws.edu.au:8081/1959.7/10341

M3 - Article

SN - 1013-2511

JO - Issues and studies

JF - Issues and studies

ER -

Some reflections on Governing the market

Abstract

Keywords

Other files and links

Fingerprint

Cite this