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HOW NATIONS SUCCEED

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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Quotes

Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.

My formula for success is rise early, work late and strike oil.

Books serve to show a man that those original thoughts of his aren’t very new after all.

It's not the situation, but whether we react (negative) or respond (positive) to the situation that's important.

The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil.

No two persons ever read the same book.

We read to know that we are not alone.

The only important thing in a book is the meaning that it has for you.