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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

Many of life’s failures are people who did not realize how close they were to success when they gave up.

No two persons ever read the same book.

A great book should leave you with many experiences, and slightly exhausted at the end. You live several lives while reading.

I cannot sleep unless I am surrounded by books.

Don’t let the fear of losing be greater than the excitement of winning.

When you’re feeling blue or things are a little flat

I believe that through knowledge and discipline, financial peace is possible for all of us.

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