Monday, July 21, 2008

Asian Successes vs. Middle Eastern Failures

HOWARD PACK published a good, relatively short article in the Spring 2008 edition of Issues in Science and Technology titled "Asian Successes vs. Middle Eastern Failures: The Role of Technology Transfer in Economic Development."

The article contrasts the development experience of the rapidly growing countries in Asia with slower-growing Middle Eastern counties. He finds growth in his model Asian countries was associated with a virtuous cycle of export oriented growth and rapid technology acquisition, while the Middle Eastern countries were much less oriented toward manufactured product exports and had much less active patterns of technology imports.

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