How Rich Countries Got Rich...and Why Poor Countries Stay Poor
by Reinert, Erik S.Format: Paperback
Pub. Date: 2008-10-06
Publisher(s): Public Affairs
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Summary
In this refreshingly revisionist history, Erik S. Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investmentrather than through free trade. Yet when our leaders lecture poor countries on the right path to riches they do so in almost perfect ignorance of the fact that our economies were founded on protectionism long before they could afford the luxury of free trade.How Rich Countries Got Rich...will challenge economic orthodoxy and open up the debate on why self-regulating markets are not the best answer to our hopes of worldwide prosperity.
Author Biography
Erik S. Reinert, editor of Globalization, Economic Development and Inequality: An Alternative Perspective, is Professor of Technology Governance and Development Strategies at Tallinn University of Technology, Estonia, and president of The Other Canon Foundation in Norway.
Table of Contents
| Foreword | p. vii |
| Acknowledgements | p. xi |
| List of Figures | p. xv |
| Introduction | p. xvii |
| Discovering Types of Economic Theories | p. 1 |
| The Evolution of the Two Different Approaches | p. 21 |
| Emulation: How Rich Countries Got Rich | p. 71 |
| Globalization: the Arguments in Favour are also the Arguments Against | p. 101 |
| Globalization and Primitivization: How the Poor Get Even Poorer | p. 165 |
| Explaining Away Failure: Red Herrings at the End of History | p. 203 |
| Palliative Economics: Why the Millennium Goals are a Bad Idea | p. 239 |
| 'Get the economic activities right', or, the Lost Art of Creating Middle-Income Countries | p. 271 |
| Appendices | |
| David Ricardo's Theory of Comparative Advantage in International Trade | p. 301 |
| Two Different Ways of Understanding the Economic World and the Wealth and Poverty of Nations | p. 305 |
| Frank Graham's Theory of Uneven Development | p. 309 |
| Two Ideal Types of Protectionism Compared | p. 31 |
| Philipp von Hornigk's Nine Points on How to Emulate the Rich Countries (1684) | p. 313 |
| The Quality Index of Economic Activities | p. 317 |
| Notes | p. 318 |
| Bibliography | p. 336 |
| Index | p. 357 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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