Document Type : Research Paper
Author
Abstract
In recent years vast argument has been developed on the subject or selection or an appropriate model for economic development. There arc several conflicting views on this matter, opposing social justice with economic development.
It is claimed that government controlled economy ts concerned basically with social justice, contrary to, free market economy, which is more concerned with economic development.
IL is tried, in this article. based on Henry Mintzber g view. to suggest that government controlled economy and free market economy are not located at the extreme ends of a continuum. They are so close to each other that resemble the two ends or a horseshoe.
Based on this view a proper model for development is not any of these two; but
somewhere in between, regarding the environmental condition, particularly if there arc professional manager Lo handle both the economic aspect as well as social responsibility
Regarding the importance of having professional managers it is tried to explain the concept of profession and the criteria for professional development. Regarding to the model, the proper mixes of government controlled and free market economy model with emphasis on the necessity for professional managers.
With regard to the political and development status of the country and also cultural aspects of mutual confidence, two matrices are presented and it is claimed that these contingencies dictate the proper model.
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