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

In this work, 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.

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.

SKU	Unavailable
ISBN 13	9781845293260
ISBN 10	1845293266
Title	How Rich Countries Got Rich and Why Poor Countries Stay Poor
Author	Erik S Reinert
Condition	Unavailable
Binding Type	Hardback
Publisher	Little, Brown Book Group
Year published	2007-01-25
Number of pages	224
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable