
Risk of Compressed Modernity
In many Asian societies, the process of modernization often took place in a rapid and highly compressed fashion – not over centuries, as had happened in most Western societies, but in several decades. This enabled Asian societies to achieve high levels of economic growth very quickly, but it also harbored unexpected risks and costs that threatened further development. The very mechanisms and strat...
In many Asian societies, the process of modernization often took place in a rapid and highly compressed fashion – not over centuries, as had happened in most Western societies, but in several decades. This enabled Asian societies to achieve high levels of economic growth very quickly, but it also harbored unexpected risks and costs that threatened further development. The very mechanisms and strat...
