HOW NATIONS SUCCEED
Murat A. Yülek
This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a
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If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.
If we encounter a man of rare intellect, we should ask him what books he reads.
I would never read a book if it were possible for me to talk half an hour with the man who wrote it.
Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.
A budget tells us what we can't afford, but it doesn't keep us from buying it.
I divide all readers into two classes; those who read to remember and those who read to forget.
Life is about making an impact, not making an income.
Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.
