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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I believe that through knowledge and discipline, financial peace is possible for all of us.
My old father used to have a saying: If you make a bad bargain, hug it all the tighter.
I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
Strive not to be a success, but rather to be of value.
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.
If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.
Are we not like two volumes of one book?
