Middle East Research and Information Project: Critical Coverage of the Middle East Since 1971

Asia’s developing economies pose challenging questions for the left’s conception of the relationship between the state and development in this era of global capitalism. Neoliberals often cite East Asian economies as proof of the validity of their laissez faire development theories because they achieved high growth and technological development in a market framework. But a combination of state intervention and market discipline was actually behind the relative successes of these economies.

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How to cite this article:

Marsha Pripstein Posusney "Controlling Capital, Disciplining States," Middle East Report 210 (Spring 1999).