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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

There is no friend as loyal as a book.

I’m selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can’t handle me at my worst, then you sure as hell don’t deserve me at my best.

It is time for us to stand and cheer for the doer, the achiever, the one who recognizes the challenge and does something about it.

You miss 100% of the shots you don’t take.

Between the pages of a book is a wonderful place to be.

One always has a better book in one’s mind than one can manage to get onto paper.

I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.

There is a great deal of difference between an eager man who wants to read a book and the tired man who wants a book to read.