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Working On, Through and Around the State

The Deep Marketisation of Development in the Asia-Pacific

Bibliographic Data

ID3986313
AuthorsToby Carroll (0000-0003-2170-3410, National University of Singapore, corresponding author)
Year2012
Volume42
Issue3
Pages378-404
Publication date2012-08-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Contemporary Asia (JOURNAL)
Journal identifiersISSN: 0047-2336 • E-ISSN: 1752-7554
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00472336.2012.687628
OpenAlexW1975173299
LanguageEN
Citations received42
References cited28

This article describes an important new push by international financial institutions towards broadening and deepening capitalist social relations in the underdeveloped world in ways well beyond Washington Consensus structural adjustment or even post-Washington Consensus forms of institutionally-oriented "participatory neo-liberalism." Described here as the "deep marketisation of development" (or simply "deep marketisation"), this process is attracting increasing resources that are formally allocated directly to private actors around states, while also demanding and promoting shifts in state form and function that relate to cultivating "enabling environments" for capital and facilitating "access to finance." The article begins by conceptualising deep marketisation and placing it in historical and political context. The second section presents examples of deep marketisation in action in the work of the World Bank's private sector arm, the International Finance Corporation, in the Asia-Pacific. The article concludes by highlighting some serious concerns with the deep marketisation agenda

Context (archaeology · Corporation · Political economy · Political science · Politics · Private sector · Sociology · State (computer science · Washington Consensus · Housing, Finance, and Neoliberalism · International Development and Aid · Law · State Capitalism and Financial Governance

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Unique citing works42
Citations per year3,5
Citation span2014 - 2025 (12)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 42

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