Non-Fiction Books:

The Complementary Roots of Growth and Development

Comparative Analysis of the United States, South Korea, and Turkey



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The Complementary Roots of Growth and Development by Taner Akan

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The common roots of success and failure in economic growth and development lie in the systemic governance and fragmentation of institutional complementarities, respectively, but not in the unilateral adaptation of market-led or state-led models. To substantiate this argument, Akan utilizes case countries from the United States, South Korea, and Turkey-an advanced developed, a recently developed, and a developing country. Akan provides a simple framework for understanding two points that go beyond ideological obsession. The first is how a model of G&D works and evolves; with its economic, financial, industrial, and political dynamics intertwining. The second is why a market-led or state-led model succeeds and fails in both developed and developing countries.

Author Biography

Taner Akan is Associate Professor of Political Economy at Istanbul University, Turkey; and Visiting Fellow, King's College London, UK. His research interests include institutional theory, political economy and economic governance.
Release date NZ
December 20th, 2017
Country of Publication
1st ed. 2018
11 Tables, color; 11 Illustrations, color; X, 185 p. 11 illus. in color.
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