How Rich Countries Got Rich and Why Poor Countries Stay Poor

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9781586486686: How Rich Countries Got Rich and Why Poor Countries Stay Poor
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In this refreshingly revisionist history, Erik S. Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment-rather than through free trade. Yet when our leaders lecture poor countries on the right path to riches they do so in almost perfect ignorance of the fact that our economies were founded on protectionism long before they could afford the luxury of free trade. How Rich Countries Got Rich...will challenge economic orthodoxy and open up the debate on why self-regulating markets are not the best answer to our hopes of worldwide prosperity.

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Product Description:

How Rich Countries Got Rich and Why Poor Countries Stay Poor Offers a history of modern economic development. This book shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment. It suggests that this set of policies in various combinations has driven successful development from Renaissance Italy to the modern Far East.

Review:

Reinhert presents a revisionist account of economic ideas based on free
trade. -- Publishing News 1 September 2006

'Reinert asks the most fundamental questions about economic
development, and proceeds to answer them with clear logic, a sweeping grasp
of history and an immensely readable style.'
-- Network Ideas, 28 June, 2007

It lands powerful punches and leaves the thoughtful free-marketeer
wondering indeed whether we've forgotten so much economic history that what
we think we know today ain't actually so. Moses Abramovitz would be proud
of his protege. -- The Sunday Telegraph

It lands powerful punches' -- The Sunday Telegraph 06/07 The Sunday Telegraph 06/07

Unlike much of the writing produced by opponents of globalization,
these are serious books by serious people. They deserve to be read.'
-- Reviewed alongside H-Joon Chang's book in the Financial Times

`Reinert asks the most fundamental questions about economic
development, and proceeds to answer them with clear logic, a sweeping grasp
of history and an immensely readable style -- Network Ideas - 28 June, 2007

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Other Popular Editions of the Same Title

9781845298746: How Rich Countries Got Rich and Why Poor Countries Stay Poor

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ISBN 10:  1845298748 ISBN 13:  9781845298746
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