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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

A good novel tells us the truth about its hero; but a bad novel tells us the truth about its author.

Do not go where the path may lead, go instead where there is no path and leave a trail.

Every time you borrow money, you're robbing your future self.

I divide all readers into two classes; those who read to remember and those who read to forget.

Beware of little expenses. A small leak will sink a great ship.

In a good book the best is between the lines.

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

Success is walking from failure to failure with no loss of enthusiasm.