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Books > Social sciences > Politics & government > Political structure & processes
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The Complementary Roots of Growth and Development - Comparative Analysis of the United States, South Korea, and Turkey (Hardcover, 1st ed. 2018)
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The Complementary Roots of Growth and Development - Comparative Analysis of the United States, South Korea, and Turkey (Hardcover, 1st ed. 2018)
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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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