How Rich Countries Got Rich ... and Why Poor Countries Stay Poor. Erik S. Reinert

How Rich Countries Got Rich ... and Why Poor Countries Stay Poor


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ISBN: 9781541762893 | 432 pages | 11 Mb

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  • How Rich Countries Got Rich ... and Why Poor Countries Stay Poor
  • Erik S. Reinert
  • Page: 432
  • Format: pdf, ePub, fb2, mobi
  • ISBN: 9781541762893
  • Publisher: PublicAffairs
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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. Leading heterodox economist Erik Reinert's invigorating history of economic development shows how Western economies were founded on protectionism and state activism and only later promoted free trade, when it worked to their advantage. In the tug-of-war between the gospel of government intervention and free-market purists, the issue is not that one is more correct, but that the winning nation tends to favor whatever benefits them most. As Western countries begin to sense that the rules of the game they set were rigged, Reinert's classic book gains new urgency. His unique and edifying approach to the history of economic development is critical reading for anyone who wants to understand how we got here and what to do next, especially now that we aren't so sure we'll be the winners anymore.

How Rich Countries Got Rich and why Poor Countries Stay Poor
How Rich Countries Got Rich is a narrative history of modern economic development from the Italian Renaissance to the present day. In it Erik S. Reinert shows  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,  How Rich Countries Got Rich … and Why Poor Countries Stay Poor
the individual to Western eyes. This is what makes governing a nation such as India such a ''delicate, if not critical task,'' as put forward by Edmund Burke in his  How Rich Countries Got Rich and Why Poor Countries Stay Poor
Terrible results for poor countries, but a success for the people behind the scheme. In "How Rich Countries Got Rich and Why Poor Countries Stay Poor," Erik Reinert resuscitates and refines the infant-industry argument for developing countries' protecting their industries. How Rich Countries Got Rich … and Why Poor Countries Stay Poor
the individual to Western eyes. This is what makes governing a nation such as India such a ''delicate, if not critical task,'' as put forward by Edmund Burke in his  Book Review: How Rich Countries Got Rich … and Why Poor
By Osman-Rani Hassan; Abstract: How Rich Countries Got Rich … and Why Poor Countries Stay Poor by Erik S. Reinert, New Delhi: Anthem  How Rich Countries Got Rich and Why Poor Countries Stay Poor
Professor Erik S. Reinert was invited by Unit G03 of the JRC to talk about his recent book "How Rich Countries Got Rich and Why Poor  How Rich Countries Got Rich and Why Poor Countries Stay Poor
Check out our essay example on How Rich Countries Got Rich and Why Poor Countries Stay Poor to start writing! Why Are Some Countries Rich and Others Poor? | St. Louis Fed
Yet, in the 241 years since the book's publication, the gap between rich countries and poor countries has grown even larger. Economists are 



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