From Publishers Weekly
Fukuyama argues that a nation's economic strength is tied to its social unity, and that America is in danger of losing both.
Copyright 1996 Reed Business Information, Inc.
From Library Journal
Fukuyama (The End of History and the Last Man, LJ 1/92) examines the impact of culture on economic life, society, and success in the new global economy. He argues that the most pervasive cultural characteristic influencing a nation's prosperity and ability to compete is the level of trust or cooperative behavior based upon shared norms. In comparison with low-trust societies (China, France, Italy, Korea), which need to negotiate and often litigate rules and regulations, high-trust societies like those in Germany and Japan are able to develop innovative organizations and hold down the cost of doing business. Fukuyama argues that the United States, like Japan and Germany, has been a high-trust society historically but that this status has eroded in recent years. This well-researched book provides a fresh, new perspective on how economic prosperity is grounded in social life. Highly recommended for academic libraries.Jane M. Kathman, Coll. of St. Benedict Lib., St. Joseph, Minn.
Copyright 1995 Reed Business Information, Inc.
--This text refers to an out of print or unavailable edition of this title.