ИСТИНА

Modernization problem still seems to possess practical political and economic significance, since new drivers for economic growth emerge from high-tech and knowledge-based industries and re-industrialization processes in developed countries are based on deep technological foundation. New industrial countries, such as Singapore or South Corea, rise, focusing on human capital development and technological innovations. But, despite many countries try to establish modern, technologically-based economy, only few of them succeeded. Many countries which tried to force economic development by copying liberal market reforms strategy came off second-best. At the same time, those who achieved a success (Singapore, South Corea, Japan) had own tradition values and traditional social relations to fall back on. That is why rises the interest towards cultural basis of society as significant principle for developing technologically-based economy. In spite of the fact of continuing globalization, cultural diversity still matters, and those countries, which take purchase on their traditional values while implementing modernization, are more competitive in global interaction. On the other hand, sometimes radical traditionalism appears to be an obstacle for prosperity. That is why attention towards cultural basis of social development seems to be important for comprehending the social and economic development inequality. Methodological basis for the research is a neo-institutional theory based on works of D.North, D.Acemoğlu, and also cultural and values studies by R.Inglehart, G.Hofstede, etc.