Comparative Management Studies

CHAPTER 5

Research on Management in Developing Countries

Introduction

For decades the general consensus among Western policy makers involved with international economic development was that real progress was dependent on making sure that poorer countries implemented and followed “appropriate” fiscal, monetary, trade, and legal practices. While there is little dispute that national economic policies and rules are important for economic development, it has also been recognized that the managers in developing countries that have a hand in producing goods and services can have just as much impact on the pace of development.¹ It is, therefore, essential to study and understand management practices and styles in developing countries; however, while ...