The Asian crisis and the shaping of 'proper' economies

Jakob Vestergaard

Cambridge Journal of Economics, 2004, vol. 28, issue 6, 809-827

Abstract: The latter half of the 1990s saw a new international agenda develop: the 'strengthening of the international financial system' through the globalisation of standards and codes of 'best practice'. The author calls for critical reflection on this normalisation of 'free market' capitalism and its global enforcement through a comprehensive system of economic standardisation and surveillance. To this end, Michel Foucault's analysis of liberalism is shown to be highly relevant. Copyright 2004, Oxford University Press.

Date: 2004
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