Download How Rich Countries Got Rich … and Why Poor Countries Stay Poor PDF EPUB
Author: Erik Reinert
Pages: 320
Size: 1.862,86 Kb
Publication Date: September 1,2007
Category: International Business
In this refreshingly revisionist history, Erik Reinert displays how wealthy countries developed through a combined mix of federal government intervention, protectionism, and strategic investment, instead of through free trade.
Reinart shows the way the background of economics is definitely torn between your continental Renaissance tradition similarly and the free marketplace theories of English and later on American economies on the various other. However despite its demonstrable achievement, orthodox developemt economists possess largely ignored this process and insisted rather on the need for free trade. Reinert shows that this group of policies in a variety of combinations has driven effective advancement from Renaissance Italy to the present day ASIA. When our leaders arrive to lecture poor countries on your path to riches they perform so in almost ideal ignorance of the history of nationwide affluence. Our economies had been founded on protectionism and condition activism — appearance at China today — and may only later spend the money for luxury of free of charge trade.