“culturalists Stress The Shared Confucian Tradition Or Asian Values As Being Common To East Asian Nics And As Critical To Their Economic Success.” Is This A Valid Argument? If Not, What Are Its Weaknesses?

ASIAN VALUESA DRIVING FORCE BEHIND THE ECONOMIC SUCCESSOF eastern ASIAN NEWLY INDUSTRIALIZED COUNTRIES (NICs2007 TABLE OF CONTENTSSECTION 1 . inception 3SECTION 2 .BACKGROUND OF THE STUDY 5SECTION 3 .THAILAND 8SECTION 4 .INDONESIA 10SECTION 5 .SINGAPORE 13SECTION 6 .HONG KONG 15SECTION 7 .MALAYSIA 16SECTION 8 .CONCLUSION 17BIBLIOGRAPHY 23 SECTION 1 .INTRODUCTIONThe concept of value-based explanations of frugal growth has been more than commonly attributed to non-Western rather than Western attributes Economic ontogeny has lately been following the rapid transformation of eastern hemisphere Asiatic delivery and society . Attention in particular has shifted to the special virtues of Confucianism , largely regarded as the culture tie binding much of East Asia . The typical perception of modernity is that it replaces culture and tradition . In fact , a review of related literature would point that modernity has replaced tradition in the process of development of umteen countries Pursuant to this guess , tradition and inherent ethnic value play no mapping in development , and in fact have been widely regarded as obstacles to both development and modernization . Yet in the late 20th ascorbic acid , it is app atomic number 18nt that neither modernization nor revolution have totally replaced tradition , as is most evident in the eccentric person of the newly industrialized countries (NICs ) such as Hong Kong , capital of capital of Singapore , Malaysia Thailand and Singapore . In the solecism of NICs , traditional Asian set in fact are deemed as maid-servants of industrial revolutionAccording to the German economist , Friedrich angle of dip , nation states have come to play a vital role in economic development . List argues that universal economic laws are non-existent , and thus allowing the states the right to interject into the economic development of their respective countries . Particularly in the case of NICs , the promotion of national economic development has been regarded as precise in their achiever in catching up with the industrialized and developed world .

Based on List s theory of the role of states in economic development , NICs have been allowed to create their own economic future especially since there are no universally economic laws as postulated by the large economistsThe last few decades have been regarded as significant in the economic progress of East Asia . Despite the current fiscal crisis , the economic achievements of NICs nevertheless remain extremely impressive This economic success has been accompanied by the emergence of the role of Asian culture in achieving economic success as wellhead as political distinction . This theory draws directly from the experiences of spendthrift economic development in a number of Asian economies such as Japan , South Korea , Taiwan , Hong Kong , Singapore , and most recently , China . An emerging theory attributes these success partly , and even largely , to the role of Asian cultural values , and in particular , to ConfucianismThis will study the role of Asian and Confucian values , as unique values and traditions embedded in the cultures of NICs , as helpful tools in economic development rather than obstacles to economic growth . The research is relevant in that it will attempt to analyze whether there...If you want to pull back a full essay, order it on our website: Ordercustompaper.com

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