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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

Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.

Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it.

Believe you can and you’re halfway there.

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.

Some books leave us free and some books make us free.

Life is what happens to you while you’re busy making other plans.

Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.

It is time for us to stand and cheer for the doer, the achiever, the one who recognizes the challenge and does something about it.