Om Development Models
In the midst of a globalisation revolution, both strong and weak economies become evident and a battle rages over the use of economic models. The US or Anglo-Saxon model is often portrayed as the best, yet Europe has a well-known Social Model, and Asia has enjoyed success in the past wherein the "Asian Economic Miracle" was highly vaunted before their crash. But now Asia, especially China, is again on a roll. Development Models, Globalization and Economies is not about a battle between the states and their respective economic models, rather it is a comparison of systems of economic integration which, per se, are neither good nor bad. General - or even Universal - theories meant to explain similar economic processes across cultures are almost certain to mislead. It is the aim of this book to trigger a deep and fruitful discussion about the reality and practice of economic modelling that will ultimately lead to effective and sustainable economic development.