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Globalization, Global Standards, and the Future of East Asia.
- Source :
- Global Economic Review; 2005, Vol. 34 Issue 4, p363-378, 16p
- Publication Year :
- 2005
-
Abstract
- After discussing whether there should be global standards in institutions, the article shows that the so-called global institutions (GSIs) are not truly ‘global’ but institutions that are specific to the Anglo-American countries. The article then criticizes the arguments that the Anglo-American institutions will eventually become GSIs because of their superiority. Finally, the article discusses why the Anglo-American institutions are particularly unsuited to developing countries, which is why even the Anglo-American countries adopted them only after they had achieved their economic development. It is concluded that the East Asian countries would be ill advised to adopt the so-called GSIs. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 1226508X
- Volume :
- 34
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Global Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- 19256542
- Full Text :
- https://doi.org/10.1080/12265080500441354