Hello friends this a artical i came across , so adding it on my blog. What Asia Can Really Teach America By Michael Schuman For the past 40 years, Americans have looked at Asia's phenomenal economic growth and asked, What are they doing right, and what are we doing wrong? Today the question rings louder than ever. As Asia surges out of the Great Recession, experts are searching furiously for the secrets of the region's resilience, those nuggets of Eastern wisdom that could rejuvenate a tired and confused U.S. economy. Don't get your hopes up. Asia can surely provide lessons for the West, but Americans often take the wrong lessons from Asia's growth stories — and we seem to be doing it again now. That's because many people mistakenly believe that Asia offers a superior political-economic model for meeting the modern world's economic challenges. That perception, however, is based on the incorrect notion that Asia's success is the product of i...