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This text considers different economic models available in the global market. The US or Anglo-Saxon model is often portrayed as the best but now Asia is again on a roll. The book analyzes how these models have influenced both regional and global development, and engages in discussions upon alternatives and the search for the 'grail'.
List of contents
List of Tables and Figures Foreword; L.Book Heng Notes on the Contributors The Complex Competition for Relevance?; J.B.Kidd & F.Richter PART 1: MODELS The Anglo-Saxon Model; N.Srinivasan Communitarian Capitalism and the Social Market Economy: An Application to China; C.J.Choi The Nordic Model of Economic Development and Management; H.Byrkjeflot The Indian Reform 'Model'; L.Bhandari The East Asian Development Model; W.Klenner PART 2: CRITIQUES AND ALTERNATIVE VIEWS East Asian Capitalism: The View from the Tokyo, Seoul, Beijing Axis; T.Mitchell 'Emerging Multinationals' in the Global Economy; A.Goldstein Is Lean Production Sustainable?: The Rise and Decline of Neo-Fordism; H.B.Cheah PART 3: WAYS FORWARD A New European Model; J.Munkhammar A View from Porto Allegre; F.Houtart Moral Capitalism; S.B.Young PART 4: ENDPIECE Futures - and Still More Complexity; J.B.Kidd & F.Richter Index
About the author
Frank-Jürgen Richter is Director of the World Economic Forum, in charge of Asian affairs. He lived, studied and worked in Asia for almost a decade, in Tokyo and most recently in Beijing where he developed and managed European Multinationals' China operations. An active scholar he has authored and edited several books on Asian economics and international business.
Summary
This text considers different economic models available in the global market. The US or Anglo-Saxon model is often portrayed as the best but now Asia is again on a roll. The book analyzes how these models have influenced both regional and global development, and engages in discussions upon alternatives and the search for the 'grail'.
Additional text
'Here is the guide we have been waiting for to the various pathways to development and prosperity, a roadmap to the main economic models of our time, and to the varied challenges they can involve.' - Martin Walker, Chief Executive Officer and Editor-in-Chief, United Press International
'This is an important volume! The papers put together by Kidd and Richter offer a rich variety of development models for analyzing the world economy. One of the great strengths of the volume is its breadth. The models go beyond pure economics, and also deal with culture, history and traditions. This is must reading for those interested in understanding the challenges and opportunities of the global economy.' - Sebastian Edwards, Henry Ford II Professor of International Economics, UCLA's Anderson Graduate School of Management Member, Governor Schwarzenegger's Council of Economic Advisors
'The reality of multiple capitalisms in a globalising world is starkly underlined by this powerful volume. It should be required reading for everyone who uses the word globalisation.' - Tom Spencer, Executive Director, ECPA
Report
'Here is the guide we have been waiting for to the various pathways to development and prosperity, a roadmap to the main economic models of our time, and to the varied challenges they can involve.' - Martin Walker, Chief Executive Officer and Editor-in-Chief, United Press International
'This is an important volume! The papers put together by Kidd and Richter offer a rich variety of development models for analyzing the world economy. One of the great strengths of the volume is its breadth. The models go beyond pure economics, and also deal with culture, history and traditions. This is must reading for those interested in understanding the challenges and opportunities of the global economy.' - Sebastian Edwards, Henry Ford II Professor of International Economics, UCLA's Anderson Graduate School of Management Member, Governor Schwarzenegger's Council of Economic Advisors
'The reality of multiple capitalisms in a globalising world is starkly underlined by this powerful volume. It should be required reading for everyone who uses the word globalisation.' - Tom Spencer, Executive Director, ECPA
