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The Complementary Roots of Growth an...
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Akan, Taner.
The Complementary Roots of Growth and Development = Comparative Analysis of the United States, South Korea, and Turkey /
Record Type:
Language materials, printed : Monograph/item
Title/Author:
The Complementary Roots of Growth and Development/ by Taner Akan.
Reminder of title:
Comparative Analysis of the United States, South Korea, and Turkey /
Author:
Akan, Taner.
Description:
XIX, 175 p. 11 illus. in color.online resource. :
Contained By:
Springer Nature eBook
Subject:
Development economics. -
Online resource:
https://doi.org/10.1007/978-3-319-68932-6
ISBN:
9783319689326
The Complementary Roots of Growth and Development = Comparative Analysis of the United States, South Korea, and Turkey /
Akan, Taner.
The Complementary Roots of Growth and Development
Comparative Analysis of the United States, South Korea, and Turkey /[electronic resource] :by Taner Akan. - 1st ed. 2018. - XIX, 175 p. 11 illus. in color.online resource.
Chapter 1. Introduction -- Chapter 2. Systemic governance and the fragmentation of institutional complementarities -- Chapter 3. Rise and fall of the market-led model: the United States -- Chapter 4. Rise and fall of the state-led model: South Korea -- Chapter 5. Neither by state nor by market: the Turkish case.
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.
ISBN: 9783319689326
Standard No.: 10.1007/978-3-319-68932-6doiSubjects--Topical Terms:
577196
Development economics.
LC Class. No.: HD72-88
Dewey Class. No.: 338.9
The Complementary Roots of Growth and Development = Comparative Analysis of the United States, South Korea, and Turkey /
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Chapter 1. Introduction -- Chapter 2. Systemic governance and the fragmentation of institutional complementarities -- Chapter 3. Rise and fall of the market-led model: the United States -- Chapter 4. Rise and fall of the state-led model: South Korea -- Chapter 5. Neither by state nor by market: the Turkish case.
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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.
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