000			01538nam a2200217Ia 4500
999			_c231366 _d231366
005			20220628201246.0
008			200208s9999 xx 000 0 und d
020			_a9781843313335
082			_a338.9 REI
100			_aReinert, Erik S.
245		0	_aHow rich countries got rich and why poor countries stay poor
260			_aLondon
260			_bAnthem Press
260			_c2008
300			_a365 p.
365			_b9000
365			_dRS
520			_aIn this refreshingly revisionist history, Erik Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment, rather than through free trade. Reinert suggests that this set of policies in various combinations has driven successful development from Renaissance Italy to the modern Far East. Yet despite its demonstrable sucess, orthodox developemt economists have largely ignored this approach and insisted instead on the importance of free trade. Reinart shows how the history of economics has long been torn between the continental Renaissance tradition on one hand and the free market theories of English and later American economies on the other. Our economies were founded on protectionism and state activism—look at China today—and could only later afford the luxury of free trade. When our leaders come to lecture poor countries on the right road to riches they do so in almost perfect ignorance of the real history of national affluence.
650			_aEconomic development
942			_cB _2ddc