Thursday, March 7, 2013

Economic Models

  1. The US model is free market or liberalization theory.
  2. The Euro zone model is an integration theory
  3. The Japan model for the best mixed system-ideological theory with government leader and guidance.
  4. The German model for the best incorporation of social factors into market economy.
  5. The New Zealand model for the best small country model since 2005.
  6. The Chile model for the best application of Austrian school of economics.
  7. The China model for the best of market system with dictator.

Which economic model should Malaysia adopt in order to be a developed nation?

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