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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

An investment in knowledge pays the best interest.

What we really want to do is what we are really meant to do. When we do what we are meant to do, money comes to us, doors open for us, we feel useful, and the work we do feels like play to us.

Anyone who says they have only one life to live must not know how to read a book.

Life isn't about getting and having, it's about giving and being.

Empty pockets never held anyone back. Only empty heads and empty hearts can do that.

It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

The most difficult thing is the decision to act, the rest is merely tenacity.

It’s not just the books under fire now that worry me. It is the books that will never be written. The books that will never be read.