How Rich Countries Got Rich … and Why Poor Countries Stay Poor by Erik S. Reinert
Requirements: .ePUB reader, 11.2 MB
Overview: A maverick economist explains how protectionism makes nations rich, free trade keeps them poor—-and how rich countries make sure to keep it that way.
Throughout history, some combination of government intervention, protectionism, and strategic investment has driven successful development everywhere from Renaissance Italy to the modern Far East. Yet despite the demonstrable success of this approach, development economists largely ignore it and insist instead on the importance of free trade. Somehow, the thing that made rich nations rich supposedly won’t work on poor countries anymore.
Genre: Non-Fiction > Educational
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