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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Get busy living or get busy dying.
Frugality includes all the other virtues.
The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.
I attribute my success to this: I never gave or took any excuse.
I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
There are perhaps no days of our childhood we lived so fully as those we spent with a favorite book.
When I dare to be powerful – to use my strength in the service of my vision, then it becomes less and less important whether I am afraid.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for ten years.
