How Rich Countries Got Rich and why Poor Countries Stay PoorConstable, 2007 - 365 pages
Reinert presents a strongly revisionist history of economics and shows how the discipline has long been torn between the continental Renaissance tradition on one hand and the free market theories of English and later American economics on the other. He argues that our economies were founded on protectionism and state activism and could only later afford the luxury of free trade. When our leaders come to lecture poor countries on the right road to riches they do so in almost perfect ignorance of the real history of mass affluence. |
From inside the book
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... Export bounties for targeted activities . 10. Strong support for the agricultural sector , in spite of this sector ... export tax / export ban on raw materials in order to make raw materials more expensive to competing nations . ( This ...
... Export -7 -6 -5 -4 3 -2 -1 -0 1990 2000 This graph shows how real wages in Peru peaked when the country did everything ' wrong ' according to the Washington institutions . Although not competitive at a world level , the presence of a ...
... export of agricultural products to the EU and the US , and so forget their desire to industri- alize . Yet no country has ever become rich by exporting foodstuffs without also having an industrial sector . The risk is that the rich ...
Contents
Discovering Types of Economic Theories | 1 |
The Evolution of the Two Different Approaches | 21 |
How Rich Countries Got Rich | 71 |
Copyright | |
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Other editions - View all
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor Erik S Reinert Limited preview - 2019 |
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor Erik S. Reinert No preview available - 2019 |