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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

You know you’re in love when you can’t fall asleep because reality is finally better than your dreams.

A book is a dream that you hold in your hand.

Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.

We lose ourselves in books. We find ourselves there too.

Wealth after all is a relative thing since he that has little and wants less is richer than he that has much and wants more.

I’m a success today because I had a friend who believed in me and I didn’t have the heart to let him down.

A good book has no ending.

Two roads diverged in a wood, and I—I took the one less traveled by, And that has made all the difference.