Leseprobe
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The Complementary Roots of Growth and Development
Taner Akan
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Springer International Publishing 
Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft
Beschreibung
The common roots of success and failure in economic growth and development lie in the systemic governance and fragmentation of institutional complementarities, respectively, but not in the unilateral adaptation of market-led or state-led models. To substantiate this argument, Akan utilizes case countries from the United States, South Korea, and Turkey—an advanced developed, a recently developed, and a developing country. Akan provides a simple framework for understanding two points that go beyond ideological obsession. The first is how a model of G&D works and evolves; with its economic, financial, industrial, and political dynamics intertwining. The second is why a market-led or state-led model succeeds and fails in both developed and developing countries.
Kundenbewertungen
State-led economics, Economic development, Industrial and Institutional Performance, Developmentalism, Growth and development in South Korea, Growth and development (G&D), Austerity, Corporate Governance, Complementarities, Comparative political economy, Economic governance, The institutional trap, Neoliberalism, Growth and development in USA, Growth and development in Turkey, Institutional economics, Market-led economics