How Rich Countries Got Rich ... and Why Poor Countries Stay Poor by Erik S Reinert
Brand: PublicAffairs
Product Description
A maverick economist explains how protectionism makes nations rich free trade keeps them poorand 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 wont work on poor countries anymore. Leading heterodox economist Erik Reinerts 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 tugofwar between the gospel of government intervention and freemarket 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 Reinerts 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 arent so sure well be the winners anymore. show more
Condition : New
Author : Erik S Reinert
Weight : 506
Publisher : PublicAffairs
Language : English
EAN : 9781541762893
ISBN10 : 1541762894
Format : Paperback
Date of Publication : 20200625
Place of Publication : NA
Pagination : NA
Dimensions : 137 X 218 X 28mm