Schuman accounts for success and failures of the Asian model of development by using two biographies, exploring anomalies in Asia that vary from this classic Asian model of development, and showing exceptional cases of the connection between strength of regulation and economic expansion. First, Schuman’s biographies indicate two main traits of the Asian model of development. There is the truth among these that Asian nations tend to stress investment in export exhaustive industries, as well as take part heavily in global trade. The second feature is the stress on investment as a main pathway to economic development. Regrettably, having both of these traits can be challenging, since an overreliance on exports not uniformly balanced with domestic use can result to a fizz economy. Schuman explains these questions by the example of two biographies of different people, such as Li Ka-shing who is a Hong Kong market responsive supporter, and Shigeru Sahashi, a Japanese critical revisionist. He chooses Shigeru Sahashi, a public official, because he has embodied the intrusiveness of Japan’s situation in directing the economy (Schuman 7). He executes a series of policies to change the comparative advantage of Japan from manual industries like textiles and toys into profound industries, which necessitate great technical know-how and big investments. Through low-interest and easy access funding, duty-free importation of essential machinery, concoction of alien technology, and trade hurdles that protected preferred industries from alien rivalry, the Central Bank and the Ministry of International Trade and Industry (MITI) collaborated to accelerate and increase investment (Schuman 15). In this manner, Japan primarily formed the MITI-driven Model. Expansion led primarily by the regime is quite symbolic for the characteristic model of Asian development. Conversely, Schuman chooses Li Ka-shing, a hugely significant and wealthy businessman, because he typifies other characteristic features of the Asian development model such as dynamic involvement in global trade (Schuman 20). Li begins his business by making plastic toys for a home trading company and accruing immense quantities of capital by accepting substantial orders from overseas. Therefore, Asian domestic trade is expanding swiftly while the regime is stressing on exports and global trade, which may result in a largely diminished state consumption. Secondly, Schuman explores a number of irregularities that vary from this economic model of development in Asia on top of changes that have been associated with this model. Among these irregularities, India’s attention is concentrated on the service segment. Even when most of the other Asian states centered on manufacturing taking benefit of the inexpensive labor force, India focused on a more human capital rigorous growth mechanism. This is exciting since while the service industry stresses a high intensity of expertise and skill, developing nations have a less developed educational structure which cannot compete with developed states in the quality of personnel. Hence, most emerging nations grow via production industries rather than service business. Even as, the subsidiary return to service is declining as the personnel enlarge, the reverse