Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Glen and Singh (2004) are strongly critical of the Greenspan-Summers-IMF thesis, which posited that microeconomic behaviours of economic agents in Asian societies were responsible for the Asian crisis. One of the fundamental challenges in evaluating their critique becomes apparent quickly – the original source material is strangely absent. The references in Glen & Singh are not of a consistent thesis at all, but a series of statements made by Greenspan and Summers, for which it is difficult to track down the original source material. This matters because in order to evaluate Glen and Singh's critique, I need to know if they strongmanned that thesis, or strawmanned it. Instead I am left with Glen and Singh's interpretation of that that "thesis" is, which is not a good starting point for proper evaluation of their critique.
Glen and Singh paraphrased this thesis as asserting "that although certain macroeconomic disequilibria may have provided a trigger for the crisis, its fundamental causes lay in the day-to-day microeconomic behaviour of economic agents in these societies." Glen and Singh make this claim without quoting the original source material, which in my mind weakens their credibility. Further to this problem, they follow up with "In short, it was argued…" their own interpretation of what that thesis might have said. The IMF source material – the survey cited by Glen and Singh, is available online and while governance is mentioned on multiple occasions, there are no specific details noted as to what governance issues there were, and nothing about microeconomic decisions that contributed to the crisis. It is difficult, then, to truly know what Glen and Singh are arguing against, or if they are conducting their argument in good faith.
References
Glen, J. & Singh, A. (2004) Corporate governance, competition and finance: Re-thinking lessons from the Asian crisis. ESRC Working Paper No. 288. Retrieved December 9, 2018 from https://www.cbr.cam.ac.uk/fileadmin/user_upload/centre-for-business-research/downloads/working-papers/wp288.pdf
IMF (1998) IMF Survey Volume 27, Number 8. International Monetary Fund.
This work provided an intensive discussion historical forces that were to lead to modern humanism but also succeeds in placing these aspects into the context of the larger social, historical and political milieu. . Online sources and databases proved to be a valid and often insightful recourse area for this topic. Of particular note is a concise and well-written article by Stephen Weldon entitled Secular Humanism in the United States.
HRM Policies Cultural Context of HRM The hardest biases of all to overcome are those of which we are not even aware of ourselves. Our readings in human resources management and policy demonstrate this: While writers like Collin (2010) acknowledge the fact that they are writing from one specific perspective, at the same time they may not be aware of exactly how limited that perspective may be. This paper examines a number