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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 By Erik S. Reinert

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


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Summary

How Rich Countries Got Rich buries the economic orthodoxy once and for all and shows why freetrade is not he best answer for our hopes of worldwide prosperity.

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

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

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 developed through a combination of government intervention, protectionism, and strategic investment. Reinert suggests that this set of policies in various combinations has driven successful development from Renaissance Italy to the modern Far East. Yet despite its demonstrable success, orthodox development economists have largely ignored this approach and insisted instead on the importance of free trade.

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.

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

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 *
It lands powerful punches. * The Sunday Telegraph *
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 Financial Times. *
Warning: this book will forever change your conception of economic development. * Prof Perez, Cambridge University. *
A breakthrough in our understanding of the links between technology and the wealth and poverty of nations. * Prof Freeman, Univ of Sussex. *

About Erik S. Reinert

Erik S. Reinert, author of Globalization, Economic Development and Inequality: An Alternative Perspective (2004), is Professor of Technology, Governance and Development Strategies at Tallinn University of Technology, Estonia, and President of The Other Canon Foundation, Norway. He is one of the world's leading heterodox development economists and is based in Norway.

Additional information

GOR004499149
9781845298746
1845298748
How Rich Countries Got Rich and Why Poor Countries Stay Poor by Erik S. Reinert
Used - Very Good
Paperback
Little, Brown Book Group
20080724
400
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - How Rich Countries Got Rich and Why Poor Countries Stay Poor