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Endangered Species: Why Muslim Economies Fail
Publisher: Stratford Books
Edition: First Edition
Publication Date: 2005-03
Number of pages: 470
In another corner of the world, growth, optimism, and hope have forcefully driven out poverty, pessimism, and despair. The East Asian economic miracle of the last two decades is no longer a mystery: China, Japan, and the tiger economies of Korea, Taiwan, Singapore and Hong Kong have set powerful new standards for the developing world to meet.
The vibrant economies of East Asia have consistently demonstrated the power of dynamic transformation by showing how effective modernization strategies can be created and implemented while at the same time protecting their own traditions, starting with authoritarian rule and a role for the state.
By contrast, the Middle East is locked in a death-dance with the West. Endangered Species documents critical lessons that the Arab world can learn from Beijing and Tokyo, not from the Washington consensus.