A General Theory of Economic Development: Towards a Capitalist Manifesto
| Author | : | |
| Rating | : | 4.97 (758 Votes) |
| Asin | : | 1785367986 |
| Format Type | : | paperback |
| Number of Pages | : | 232 Pages |
| Publish Date | : | 2015-10-01 |
| Language | : | English |
DESCRIPTION:
About the AuthorSung-Hee Jwa, Chairman, the President Park Chung Hee Memorial Foundation, South Korea
The main premise is that economic institutions and policies must embody 'economic discrimination' if there is to be any chance of real economic development. This book makes the bold attempt at proposing a new general theory of economic development founded on the fact-based perspective of economic behaviour. The book identifies markets, government and corporations as the 'holy trinity of economic development', that is, the three most important institutions that must work together via economic discrimination to steer the economy towards real transformative progress. By economic discrimination, the author means 'treating differences differently' by selecting and supporting economic entities and behaviour that contribute positively to the economy. The theory presented in this book and its implications for development management will be an invaluable resource for development economists,
Sung-Hee Jwa, Chairman, the President Park Chung Hee Memorial Foundation, South Korea