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Escaping the periphery: The East Asian 'mystery' solved

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  • Robert Wade

Abstract

Few non-western countries have reached the general prosperity of Western Europe and North America in the past two centuries. The core-periphery structure of the world economy created in the early decades of the Industrial Revolution has proved robust, even after seven decades of self-conscious 'development' following the Second World War. Just about all the countries which were in the periphery in 1960 remain in the periphery today.

Suggested Citation

  • Robert Wade, 2018. "Escaping the periphery: The East Asian 'mystery' solved," WIDER Working Paper Series wp-2018-101, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2018-101
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2018-101.pdf
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    References listed on IDEAS

    as
    1. Wade, Robert H., 2017. "The American paradox: ideology of free markets and the hidden practice of directional thrust," LSE Research Online Documents on Economics 69765, London School of Economics and Political Science, LSE Library.
    2. Robert H. Wade, 2017. "The American paradox: ideology of free markets and the hidden practice of directional thrust," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 859-880.
    3. Lant Pritchett & Lawrence H. Summers, 2013. "Asia-phoria meet regression to the mean," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-35.
    4. Robert Wade, 1991. "How to Protect Exports from Protection: Taiwan's Duty Drawback Scheme," The World Economy, Wiley Blackwell, vol. 14(3), pages 299-309, September.
    5. repec:wbk:wbpubs:21634 is not listed on IDEAS
    6. Wade, Robert, 1985. "The market for public office: Why the Indian state is not better at development," World Development, Elsevier, vol. 13(4), pages 467-497, April.
    7. Rainer Kattel & Mariana Mazzucato, 2018. "Mission-oriented innovation policy and dynamic capabilities in the public sector," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(5), pages 787-801.
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    Cited by:

    1. Wolf, Christina, 2023. "Demand-growth in support of structural change: Evidence from Nigeria's formal manufacturing sector," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 347-358.

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