Many new social and economic organizations are emerging in
different parts of Asia Pacific which have skillfully adapted
western capitalism to suit their own specific requirements. They
have also put to effective use their own social and cultural values
to get the best economic results. Japan used its heritage of
associated living to overcome adversarial labour and management
relations; Singapore made use of Confucial emphasis on social
discipline and respect for merit to build a meritocratic society;
Indonesia used its genius for eclecticism to build its own brand of
social pragmatism, and then used it for economic growth; Thailand
used the concept of merit in Theravada Buddhism to accelerate
economic growth; and Malaysia used its own growing pragmatism to
balance conflicting ethnic demands. The book examines the variety
of address their respective core development issues and
simultaneously register an explosive economic growth.
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