Economic Governance in the Age of Globalization. By William
Tabb. New York: Columbia University Press, 2004. 528p. $69.50 cloth,
$29.50 paper.
Martin Wolf, the influential economic correspondent of Financial
Times, concludes his book Why Globalization Works (2004):
“What the successful countries all share is a move towards the
market economy, one in which private property rights, free enterprise and
competition increasingly took the place of state ownership, planning and
protection. They chose, however haltingly, the path of economic
liberalization and international integration. This is the heart of the
matter. All else is commentary” (pp. 143–44).