Malaysia's middle way: growth with equity
Article Abstract:
The resolution of economic problems is intertwined with that of social ills. One cannot be solved without simultaneously solving the other. Malaysia took the middle path in designing economic policies that also promoted social justice. Macroeconomic stabilization programs should put the economy on the path of growth that would not marginalize any group, provide opportunity for the poor and benefit everyone. Asian economies have been applying holistic approaches that are different from the West's but are suitable to Asian culture and context.
Publication Name: New Perspectives Quarterly
Subject: Political science
ISSN: 0893-7850
Year: 1996
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Changing of the guard in Great Britain: (the UK Labor Party's victory over the Conservatives in the British Parliamentary elections)
Article Abstract:
The British government under Tony Blair is facing the difficult challenge of modernizing European social democracy. The government will be attempting to reconcile global market demands while preserving social stability. This conflict between wealth creation and social social justice has never been resolved and before and is considered the central problem of our age. How the Blair government undertakes its modernization plans in light of this conflict will define British politics.
Publication Name: New Perspectives Quarterly
Subject: Political science
ISSN: 0893-7850
Year: 1997
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After social democracy and beyond Anglo-Saxon capitalism
Article Abstract:
The fall of social democracy and the growing problems associated with uncontrolled free and globalized market have driven the emerging democracies to seek for alternatives. A viable one is the communitarian practice which retains the economic benefits of the Anglo-Saxon market principles but contextualizes these to fit the state's individual culture. Thus, economic policies are informed by cultural principles such as Buddhism or Islam or post-Christianism.
Publication Name: New Perspectives Quarterly
Subject: Political science
ISSN: 0893-7850
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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